In Nigeria, people can open their own businesses, choose their careers and job paths, and can purchase a wide array of consumer goods. However, the national government institutes tariffs on imported goods, has a significant share in the oil industry, and regulates much of the country's industry. Still, Nigeria has a well-developed financial and communications sectors, a national stock exchange, and an abundance of natural resources,
Where does this description put Nigeria on a continuum between pure market and pure command?
Responses
A almost all Command Economyalmost all Command Economy
B more Command than Market Economymore Command than Market Economy
C more Market than Command Economymore Market than Command Economy
D almost all Market Economyalmost all Market Economy
1 answer
B more Command than Market Economy
1 answer