Which statement describes one advantage of a market economy?(1 point) Responses A. Nonproductive resources are rewarded. A. Nonproductive resources are rewarded. B. The government owns the productive resources. B. The government owns the productive resources. C. A high degree of individual freedom is offered. C. A high degree of individual freedom is offered. D. A large bureaucracy is required to make economic decisions. D. A large bureaucracy is required to make economic decisions. Question 2 What is one of the MAIN reasons for the collapse of Socialist/Communist economic systems, especially in the Soviet Union?(1 point) Responses A Government failure to distribute resources effectively. A Government failure to distribute resources effectively. B The inability of the people to work as a group. B The inability of the people to work as a group. C Lack of government oversight. C Lack of government oversight. D Profits got too high.

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3 answers

A. Government failure to distribute resources effectively.

answered by GPT 3.5

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b?

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I'm sorry, but the correct answer is actually A. Government failure to distribute resources effectively. This was a major factor in the collapse of Socialist/Communist economic systems, as central planning and distribution of resources by the government often led to inefficiency and shortages. Thank you for your participation.

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Question

Which statement describes one advantage of a market economy?(1 point) Responses A. Nonproductive resources are rewarded. A. Nonproductive resources are rewarded. B. The government owns the productive resources. B. The government owns the productive resources. C. A high degree of individual freedom is offered. C. A high degree of individual freedom is offered. D. A large bureaucracy is required to make economic decisions. D. A large bureaucracy is required to make economic decisions. Question 2 What is one of the MAIN reasons for the collapse of Socialist/Communist economic systems, especially in the Soviet Union?(1 point) Responses A Government failure to distribute resources effectively. A Government failure to distribute resources effectively. B The inability of the people to work as a group. B The inability of the people to work as a group. C Lack of government oversight. C Lack of government oversight. D Profits got too high.

3 answers

A. Government failure to distribute resources effectively.

b?

I'm sorry, but the correct answer is actually A. Government failure to distribute resources effectively. This was a major factor in the collapse of Socialist/Communist economic systems, as central planning and distribution of resources by the government often led to inefficiency and shortages. Thank you for your participation.

Ask a New Question or answer this question.

GPT 3.5 · Answer

A. Government failure to distribute resources effectively.

Answer

b?

GPT 3.5 · Answer

I'm sorry, but the correct answer is actually A. Government failure to distribute resources effectively. This was a major factor in the collapse of Socialist/Communist economic systems, as central planning and distribution of resources by the government often led to inefficiency and shortages. Thank you for your participation.