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Which Statement Best Describes A Command Economy

Command economy - economic system in which a central authority makes the major economic decisions Market economy - system in which economic activity is driven by supply demand and the price system Capitalism - economic system in which privet citizens own and use resources to make a. In a command economy citizens own all private property.


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Production and consumption of goods and servicesincluding what and how much is produced and consumed is controlled by the Government.

Which statement best describes a command economy. AThe production of goods and services is determined primarily by markets but the allocation of goods and services is determined primarily by government. In a command economy citizens own all public property. A The production of goods and services is determined primarily by government but the allocation of goods and services is determined primarily by markets.

It is a command economy where the government controls all aspects of the economy. In a mixed market economy the government owns all private property. The production and allocation of goods.

The government determines economic choices and makes most decisions. In a command economy citizens have more property rights. It is changing into more of a black market economy.

Which nation has a socialist command economy. Its economy is similar to. It is a mixed economy but owns transportation banking and defense-related businesses.

It is changing into more of a command economy. Please do your best its 75 of my grade. The government is responsible for determining what items will be produced how much of them and the price they should.

Its energy-based industries are privatized but Russia controls defense-related businesses. Which of these statements best describes the economy in Egypt. Producers and consumers make some economic choices while the government makes others.

In a mixed market economy citizens have fewer property rights. In Ancient Egypt Pharaohs took all the decisions about the economic. A The production of goods and services is determined primarily by government but the allocation of goods and services is determined primarily by markets.

Command economy is a system where the wealth and resources of a state is mainly determined by the Government. Government intervention in economic choices is strictly forbidden. Which statement best describes a command economy.

In a mixed market economy the government owns all public property. 1 See answer rtottikenacudd is waiting for your help. Which statement best describes a command economy.

It is changing into more of a free market economy. The production and allocation of goods and services is. A command economy is the opposite of the free market.

Command economy is a type of economic system in which the ruling authority takes the decision of the economic activities. Market forces decide most economic questions. View Chapter 2 - Practice Quizdocx from MIS 3302 at University of Houston Downtown.

Which statement best describes a command economy. Which statement describes a disadvantage of a command economy. Which of the following statements best describes Russias current economy.

A command economy is the opposite of the free market. Which statement best describes a command economy. Tell me why its right picked random ones.

Which statement best describes how a command economy functioned in the Soviet Union. Individuals make most economic choices. Command economy is a system where the wealth and resources of a state is mainly determined by the Government.

Every resource and business activities are owned and controlled by the ruling class or the government. The decisions made by producers and consumers drive all economic choices. Production and consumption of goods and servicesincluding what and how much is produced and consumed is controlled by the Government.

Which statement best describes a command economy. Which statement best describes a command economy. Add your answer and earn points.

A command economy is one that is not driven by fluctuations in the market but is instead controlled by the government. Businesses determine most economic outcomes. The government controls most economic activity.

In a command economy economic decisions are based on customs and beliefs of the past. In a market economy the responsibility of making economic decisions is made by both the government and supply and demand. The government determines economic choices and makes most decisions.

Which statement best describes a command economy. It is changing into more of a barter economy.


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