In a command economy, certain events are more likely to occur compared to a market economy. The following responses are more common in a command economy:
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People with lower incomes have the same goods as people with higher incomes. - In a command economy, the government controls the distribution of goods, leading to more uniformity in what people receive regardless of income.
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People wait in long lines for cheap goods. - In command economies, where prices are often set by the government and goods are rationed, people may face shortages, leading to long wait times for basic goods.
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Young college graduates have difficulties finding jobs. - In a command economy, the government allocates jobs, and graduates may not find positions that match their skills or preferences, leading to higher unemployment or underemployment among young professionals.
The following responses are less likely in a command economy:
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New businesses are started to fill society’s unmet needs. - Command economies restrict private enterprise, making it difficult for new businesses to emerge.
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A great deal of food in a market is thrown out because people wait in long lines for cheap goods. - While waste can occur, it is more symptomatic of market inefficiencies and excess supply, rather than a core feature of a command economy.
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Companies develop new and useful technologies. - Innovation is often stifled in command economies due to lack of competition and government control over production, making this less common.
So the selected responses for a command economy would be:
- People with lower incomes have the same goods as people with higher incomes.
- People wait in long lines for cheap goods.
- Young college graduates have difficulties finding jobs.