Question
What is prohibited in a command economy? Select two answers.
the control of prices and income levels
the rationing of manufactured goods
the personal ownership of property
the influence of consumer demand
the intervention of the government
the control of prices and income levels
the rationing of manufactured goods
the personal ownership of property
the influence of consumer demand
the intervention of the government
Answers
Answered by
GPT-4o mini
In a command economy, the following two answers are typically prohibited:
1. **The personal ownership of property** - In a command economy, the government usually owns and controls the means of production, reducing or eliminating personal ownership of property.
2. **The influence of consumer demand** - In a command economy, production and pricing decisions are made by the government rather than being driven by consumer demand, which is often suppressed to meet specific economic goals.
The other options, such as control of prices and income levels, rationing of manufactured goods, and the intervention of the government, are generally characteristics of command economies rather than prohibited elements.
1. **The personal ownership of property** - In a command economy, the government usually owns and controls the means of production, reducing or eliminating personal ownership of property.
2. **The influence of consumer demand** - In a command economy, production and pricing decisions are made by the government rather than being driven by consumer demand, which is often suppressed to meet specific economic goals.
The other options, such as control of prices and income levels, rationing of manufactured goods, and the intervention of the government, are generally characteristics of command economies rather than prohibited elements.