This document provides instructions for an economics assignment comparing the characteristics of command and market systems based on five fundamental questions: what goods and services are produced, how they are produced, who gets them, how each system accommodates change, and how each promotes progress. Students must answer these questions and provide examples of countries that practice each system. The assignment should be printed, not exceed 2000 words, follow specific formatting guidelines, and avoid plagiarism for full credit. It is due December 14th, 2015.

1. BSIT (SEM-1)
ECONOMICS
Assignment 1
Q. Compare the characteristics of ‘The Command System’ and ‘The Market System’ on the basis
of following five fundamental questions in Economics:
1) What goods and services will be produced?
2) How will the goods and services be produced?
3) Who will get the goods and services?
4) How will the system accommodate change?
5) How will the system promote progress?
Also mention names of countries that practice either of these two forms of Economic Systems.
NOTE: This is an individual assignment. Deadline to submit this assignment is December 14th
, 2015 i.e.
Monday, till 1pm. Assignment should be in printed form and should not exceed 2000 words limit.
Assignment should be made as per following requisites.
 Font Style: Times New Roman or Arial or Calibri.
 Font sizes: Main heading 16 bold, Sub heading 14 bold, main body or context 12.
 Line spacing: 1.5.
Plagiarism / copy pasting of material from websites sources without referencing or from other
assignments of classmates will earn you zero marks.