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Production in a command economy
What type of economy depends on a central government to set prices and production quotas, which often contributes to inefficient
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Production would MOST LIKELY be owned and controlled by the government under which economic system below? (1 point)
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andrew michal mcmahon
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Production would MOST LIKELY be owned and controlled by the government under which economic system below? (1 point)
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asked by
andrew michal mcmahon
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Production would MOST LIKELY be owned and controlled by the government under which economic system below? (1 point)
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asked by
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Production would MOST LIKELY be owned and controlled by the government under which economic system below? (1 point)
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asked by
Carter
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Considering the state of the Soviet Economy, it can be said that:
Question 2 options: a command economy is disastrous and
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Student
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In which type of economy is the government MOST LIKELY to set production quotas for
certain goods? a. Command economy b. Market
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Dior
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Match the economic system to its definition.
1. market economy: 2. mixed economy: 3. command economy: 4. traditional economy: a.
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an economy that takes elements from both a market economy and a command economy to allocate resources and determine the
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Which of these is a correct description of one of the ways in which a command economy differs from a market economy?
Group of
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hehe
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