Hich Statement Best Describes a Command Econom

Normative economic statements are those statements that express an opinion or judgement. The government controls the consumption and production of goods and services that included what and how much is generated and consumed.


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Government intervention in economic choices is strictly forbidden.

. In a Centrally planned economy also known as a command economy the central government controls the factors of production and answers the three basic economic questions for all of society. The decisions made by producers and consumers drive all economic choices. Mon Sep 17 2018 Which statement best describes a command economy.

Command economy is a structure where a government primarily decides a states wealth and resources. Command economy is a structure where a government primarily decides a states wealth and resources. Which statement best describes a command economy.

Which statement best describes a command economy. The German government printed extra money to pay protesting workers causing hyperinflation. Which statement best describes a command economy.

Government intervention in economic choices is strictly forbidden. C Farming hunting and gathering methods change little over time. Government intervention in economic choices is strictly forbidden.

Or command economies CCTV America A Britannica Publishing PartnerSee all videos for this article. Producers and consumers make some economic choices while the government makes others. D The government sets prices of goods and services and distributes them.

The Government determines economic choices and makes most decisions statement best describes a command economy. Which statement best describes a command economy. The Government determines economic choices and makes most decisions statement best describes a command economy.

Which Statement Best Describes A Command Economy. Market forces decide most economic questions. Two systems often mentioned when centrally planned economies are discussed are socialism and communism.

Command economy is a structure where a government primarily decides a states wealth and resources. Which statement best describes a mixed economy. C The production of goods and services is.

A The production of goods and services is determined primarily through the action competitive markets but the allocation Le the direction and coordination of goods and services is determined primarily by the government. Mixed economy in economics a market system of resource allocation commerce and trade in which free markets coexist with government intervention. Command economy is a structure where a government primarily decides a states wealth and resources.

Which statement best describes economic conditions in the Weimar Republic after World War I. The system is also helpful in determining incomes and investments. In contrast positive economics are based on facts and evidence and can be proven true or false.

A mixed economy may emerge when a. A command economy is where a central government makes all economic decisions. The government determines economic choices and makes most decisions.

It doesnt rely on the laws of supply and demand that operate in a market economy. A Technology remains limited to the use of simple tools. A The production of goods and services is determined primarily by government but the allocation of goods and services is determined primarily by markets.

Individuals make most economic choices. The production of goods and services ie societys economic output. The government determines economic choices and makes most decisions.

The government determines economic choices and makes most decisions. B Trade is limited to only the bartering of goods and services. Hope it helps you and you understood.

The decisions made by producers and consumers drive all economic choices. Which of the following was one of Hitlers methods of addressing Germans economic problems during the Great Depression. Producers and consumers make some economic choices while the government makes others.

What is most important in a command economy. The answer has been explained in brief as below. The government controls most economic activity.

The Government determines economic choices and makes most decisions statement best describes a command economy. Which statement best describes a command economy. Often the words ought and should are found in these types of statements.

The production and allocation of goods and services is determined primarily through government. Which statement best describes a command economy. A command economy is a system where the government rather than the free market determines what goods should be produced how much should be produced and the price at.

In order to determine economic decisions and make decision statement for a command economy the Government therefore is heavily dependent upon that government. 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. The command economy is a government-run system that determines the quality of goods to be produced the quantity to be produced and the price of goods at the point of sale while ignoring the free market.

Which of the following economy is known as the command economy. The government determines economic choices and makes most decisions. They cannot be proven and do not contain facts.

Producers and consumers make some economic choices while the government. Which statement best describes a command economy. Which statement best describes a command economy.

Either the government or a collective owns the land and the means of production. Businesses determine most economic outcomes. If helps please follow me.

Which of the following statements describes the command economy of the Soviet Union a the government allowed private businesses to produce goods and services demanded by the market b the government decided what goods and services would be. The system is also useful for calculating earnings and investments.


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