Question

Which events would be more common in a command economy than a market economy? Select all that apply.

(1 point)

People with lower incomes have the same goods as people with higher incomes.


People wait in long lines for cheap goods.


New businesses are started to fill society’s unmet needs.


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.


Companies develop new and useful technologies.

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Answer 1

Answers: 1, 2, and 4.

Why:
- (1) Command economies aim for equal distribution of goods, so lower‑income people often have access to the same basic goods as higher‑income people.
- (2) Central planning commonly creates shortages and rationing, producing long lines for subsidized/cheap goods.
- (4) Central planning and poor information/coordination often produce job‑mismatches and difficulties for new graduates finding suitable employment.

The others are more characteristic of market economies: entrepreneurs start firms to fill unmet needs (not typical under command systems), markets throw out food for other market‑driven reasons (the phrasing here points away from command economies), and private firms in market economies more often drive new technology development.