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Chapter 4 Notes
Chapter 4 Notes

... Traditional economy – goods and services are traded or exchanged without the use of money (barter) Command economy – production (ownership) of goods and services is controlled by a central government (planned), does not reflect consumer demand Market economy – production of goods and services is det ...
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the uneasy Relationship Between economics and Security

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Economics of fascism

The economics of fascism refers to the economic policies implemented by fascist governments.Historians and other scholars disagree on the question of whether a specifically fascist type of economic policies can be said to exist. Baker argues that there is an identifiable economic system in fascism that is distinct from those advocated by other ideologies, comprising essential characteristics that fascist nations shared. Payne, Paxton, Sternhell, et al. argue that while fascist economies share some similarities, there is no distinctive form of fascist economic organization. Feldman and Mason argue that fascism is distinguished by an absence of coherent economic ideology and an absence of serious economic thinking. They state that the decisions taken by fascist leaders can not be explained within a logical economic framework.
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