Question
Which is an example of China's command economy?(1 point)
Responses
A) Government determines how much products cost and the quantity produced.
A) Government determines how much products cost and the quantity produced.
B) The production of goods is determined by the demand of the people.
B) The production of goods is determined by the demand of the people.
C) There is enhanced competition between business owners.
C) There is enhanced competition between business owners.
D) People are encouraged to be innovative in what they create and sell.
D) People are encouraged to be innovative in what they create and sell.
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1 answer
The correct answer is:
A) Government determines how much products cost and the quantity produced.
This response reflects the characteristics of a command economy, where the government controls significant aspects of economic activity, including pricing and production levels.
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