Production in a command economy

  1. What type of economy depends on a central government to set prices and production quotas, which often contributes to inefficient
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  2. Production would MOST LIKELY be owned and controlled by the government under which economic system below? (1 point)Responses
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    2. andrew michal mcmahon asked by andrew michal mcmahon
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  3. Production would MOST LIKELY be owned and controlled by the government under which economic system below? (1 point)Responses
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    2. andrew michal mcmahon asked by andrew michal mcmahon
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  4. Production would MOST LIKELY be owned and controlled by the government under which economic system below? (1 point)Responses
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  5. Production would MOST LIKELY be owned and controlled by the government under which economic system below? (1 point)Responses
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  6. 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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  7. In which type of economy is the government MOST LIKELY to set production quotas forcertain goods? a. Command economy b. Market
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  8. Match the economic system to its definition.1. market economy: 2. mixed economy: 3. command economy: 4. traditional economy: a.
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  9. an economy that takes elements from both a market economy and a command economy to allocate resources and determine the
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  10. 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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