Question

Which events would be more common in a command economy than a market economy? Select all that apply. (1 point) Responses People with lower incomes have the same goods as people with higher incomes. People with lower incomes have the same goods as people with higher incomes. People wait in long lines for cheap goods. People wait in long lines for cheap goods. New businesses are started to fill society’s unmet needs. New businesses are started to fill society’s unmet needs. Young college graduates have difficulties finding jobs. Young college graduates have difficulties finding jobs. A great deal of food in a market is thrown out because people wait in long lines for cheap goods. A great deal of food in a market is thrown out because people wait in long lines for cheap goods. Companies develop new and useful technologies. Companies develop new and useful technologies. Skip to navigation right answers only

Answer 1

wrong

Answer 2

In a command economy, the following events would be more common than in a market economy:

1. People with lower incomes have the same goods as people with higher incomes.
2. People wait in long lines for cheap goods.
3. Young college graduates have difficulties finding jobs.

The other statements regarding the development of new businesses and technologies would be less common in a command economy compared to a market economy, where innovation and entrepreneurship are generally more prevalent.