Which Best Describes a Command Economy

Market forces decide most economic questions. In a command economy the govt decides commands all economic decisions.

Command Economy Definition Characteristics Advantages Examples Video Lesson Transcript Study Com

The free market is the reverse of a command economy.

. So ans is The government determines economic choices and makes most decisions. Which statement best describes a command economy. The answer has been explained in brief as below.

The government controls the consumption and production of goods and services that included what and how much is generated and consumed. Henceoption View the full answer. The government sets prices of goods and services and distributes them.

The production and allocation of goods and services is determined primarily through government. Prices were used to allocate resources. C The production of goods and.

Hurrywhich of the following is characteristic of judicial restraint. Government intervention in economic choices is strictly forbidden. The decisions made by producers and consumers drive all economic choices.

The pharaoh controlled the economy with help from government workers. B Trade is limited to only the bartering of goods and services. Terms in this set 23 Which statement best describes a command economy.

The system is also helpful in determining incomes and investments. Producers and consumers make some economic choices while the government makes others. Farming hunting and gathering methods change little over time.

Private businesses created by ancient Egyptians controlled the economy. Which of the following statements best describes the role played by prices in a command economy such as the former Soviet Union. Which statement best describes a command economy.

An economy where strong controls are imposed by the ruling authority best describes a command economy. A The production. The Government determines economic choices and makes most decisions statement best describes a command economy.

The Government determines economic choices and makes most decisions statement best describes a command economy. It is the key feature of the communist society of any nation. Ent determines economic choices and makes most decisions.

Asked Aug 13 2017 in Economics by Tammy. Which statement best describes a command economy. The government controls most economic activity.

Technology remains limited to the use of simple tools. 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. 1 Show answers Another question on History.

Why a command economy is bad. The production of goods and services is determined primarily by government but the. The government determines economic choices and makes most decisions.

Command economy is a structure where a government primarily decides a states wealth and resources. D The government sets prices of goods and services and distributes them. Basing decisions on previous decisionsoverturning existing legal precedentsdeclaring that the constitution must be changedinterpreting the.

Command economy is a structure where a government primarily decides a states wealth and resources. The government controls the consumption and production of goods and services that included what and how much is generated and consumed. C Farming hunting and gathering methods change little over time.

Command economy is a system where the wealth and resources of a state is mainly. Which statement best describes a command economy. Command economy is a structure where a government primarily decides a states wealth and resources.

Which statement best describes a command economy. The Government determines economic choices and makes most decisions statement best describes a command economy. The people of ancient Egypt chose the officials who controlled the economy.

Individuals make most economic choices. Which statement best describes a command economy. A The production of goods and services is determined primarily by government but the allocation of goods and services is determined primarily by markets.

Which statement best describes the command economy used by the ancient Egyptians. Trade is limited to only the bartering of goods and services. Which statement best describes a command economy.

The decisions made by producers and consumers drive all economic choices. Command economy is a structure where a government primarily decides a states wealth and resources. Which statement best describes a command economy.

Mon Sep 17 2018 Which statement best describes a command economy. Which of the following statements describes the command economy of the Soviet. 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 economic system in which the means of production are publicly owned and economic activity is controlled by a central authority that assigns quantitative production goals and allots raw materials to productive enterprises. Government intervention in economic choices is strictly forbidden. The government controls the consumption and production of goods and services that included what and how much is.

A command economy is one of the most notorious features of communist societies. Producers and consumers make some economic choices while the government makes others. Command economy is a structure where a government primarily decides a states wealth and resources.

Which statement best describes a command economy. The production of goods and services is determined primarily by markets but the allocation of goods and services is determined primarily by the government. Command economy advantages include low levels of inequality and unemployment and the.

Businesses determine most economic outcomes. Prices played the same role as in a market economy. A Technology remains limited to the use of simple tools.

What Is A Command Economy And What Are Some Examples Thestreet

Command Economy Advantages And Disadvantages

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