a command economy is an economy where government plays the important role. Eg, prices are fixed by the government. a market economy is an economy where private individuals take their own decisions with less government intervation.Eg,prices are fixed by the forces of market-demand and supply. a mixed economy is a combination of both the economies-both the government as well as the private individuals take decisions.
15 meanings of IST acronym and IST abbreviation. Get the Military definition of IST by All Acronyms dictionary. Top Definition: Information Systems Technology In Military dictionary category.
Answers.comÂ® is making the world better one answer at a time. CST(Central standard time) is -6 with reference to GMT(Greenwich Mean time) and IST(Indian Standard time) is +5.30.So the time difference between CST and IST is11.30 hrs.That is CST lags behind IST by 11.30 hrs. 19 people found this useful.