Which events would be more common in a command economy than a market economy? Select 2 that apply (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. People wait in long lines for cheap goods. People wait in long lines for cheap goods. New businesses are started to fill society’s unmet needs. New businesses are started to fill society’s unmet needs. Young college graduates have difficulties finding jobs. 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. 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.

Answer 1

In a command economy, the following events would be more common than in a market economy:

1. People wait in long lines for cheap goods. - In a command economy, the government often sets prices and may supply limited quantities of goods, leading to shortages and long lines as people wait for access to those goods.

2. People with lower incomes have the same goods as people with higher incomes. - A command economy seeks to reduce income inequality, and thus the government often distributes goods uniformly across different income levels, leading to a scenario where everyone has access to the same basic goods.

These events reflect the characteristics of a command economy where the government exerts a high level of control and where shortages and price controls are prevalent.