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

Question

(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. - only 2 answers are allowed

People wait in long lines for cheap goods.
People wait in long lines for cheap goods. - only 2 answers are allowed

New businesses are started to fill society’s unmet needs.
New businesses are started to fill society’s unmet needs. - only 2 answers are allowed

Young college graduates have difficulties finding jobs.
Young college graduates have difficulties finding jobs. - only 2 answers are allowed

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. - only 2 answers are allowed

Companies develop new and useful technologies.
Companies develop new and useful technologies. - only 2 answers are allowed
Only 2 answers are allowed.
Only 2 answers are allowed.

Answer 1

In a command economy, the following events would be more common compared to 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.

These reflect the characteristics of command economies, where goods are distributed more equally and shortages can lead to long waiting times for basic goods.