In a command economy how are the prices of goods and services determined. The production of goods and services is determined primarily by markets but the allocation of goods and services is determined primarily by government.
Solved Which Statement Best Describes A Command Economy A Chegg Com
The production and allocation of goods and services is determined primarily through government.
. Which statement best describes the difference between a market economy and a traditional economy. Transform the Soviet Union into an industrial power. Producers are kings in a market economy because they determine what is produced C.
Which statement best describes a command economy. An economy in which the means of production are privately owned and operated for profit. Traditional economy question 2.
The answer has been explained in brief as below. The Soviet Union prior to its demise in 1990 had a command economy. Why did Dutch and English landowners force peasants off the land.
A The production of goods and services is determined primarily by government but the allocation of goods and services is determined primarily by markets. The production of goods and services is determined primarily by markets but the allocation of goods and services is determined primarily by the government. An economy thats a mixture of a market and command economy B.
Which of the statements best describes the communist ideal. Information about different topics. Which statement is correct.
Which statement best describes a command economy. A command economy is one that is run by a central authority which has control over every aspect of the economy. The market system is efficient at allocation of resources but not consumer goods to their most valued uses D.
C The production of goods and services is determined primarily. An economy in which governments avoid all possible interference in a free market D. The system is also helpful in determining incomes and investments.
Market forces of supply and demand. Command economy is a structure where a government primarily decides a states wealth and resources. People who hold political power are threatened by fundamental changes.
Encourage communist revolutions in the colonies of the European powers. The German government printed extra money to pay protesting workers causing hyperinflation. The government controls the consumption and production of goods and services that included what and how much is generated and consumed.
Command Economy is a Government system where the determination of good production quantity to be produced and the price of the goods at the time of sales is carried out keeping the free market aside. Sets with similar terms. Acobdarfq and 19 more users found this answer helpful.
The command economies are typical for the socialistcommunist countries. A major goal of Joseph Stalins five-year plans was to. What economic system focused on exports and acquiring precious metals.
Terms in this set 9 1. An economy in which products are a direct result of the beliefs and customs of the population C. Which statement best describes economic conditions in the Weimar Republic after World War I.
Freedom of choice and enterprise are essential elements of the market system B. Which statement best describes a command economy. Which of the following was one of Hitlers methods of addressing Germans economic problems during the Great Depression.
Expand the Soviet Unions borders to include warm-water ports. A The production of goods and services is determined primarily by government but the allocation of goods and services is determined primarily by markets. In this type of economy the government controls everything the resources of the country the production facilities trade is organized by the government officials the planning for production of when how much and how is done by government officials.
Which statement describes why the people in a nation with a command economy might resist a shift to a free market economy. Economics Quizzes 1 and 2. 26 members in the drreads community.
The production of goods and services is determined primarily by government but the allocation of goods and services is determined. Which statement best describes a command economy. Which statement best describes how a command economy functioned in the soviet union A central authority determined the type of and quantity of goods to be produced Which leader is most closely associated with the rise of fascism in Italy prior to world war 2.
Geography History Social Studies. In a market economy decisions are based on custom. Which statement best describes a command economy.
U7L6 The Rise of Nazi Germany. The operation of a market system eventually.
1 Which Statement Describes Why The People In A Nation With A Command Economy Might Resist A Shift To A Free Market Economy A People Who Hold Political Ppt Video Online Download
1 Which Statement Describes Why The People In A Nation With A Command Economy Might Resist A Shift To A Free Market Economy A People Who Hold Political Ppt Video Online Download
1 Which Statement Describes Why The People In A Nation With A Command Economy Might Resist A Shift To A Free Market Economy A People Who Hold Political Ppt Video Online Download
0 Comments