Questions
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Choose those characteristics that best describe a command system. BlackTom题目解析
Options
A.Firms produce according to the demands of consumers.
B.The division of output between capital and consumer goods is decided by market forces.
C.The government owns most property resources.
D.A central planning board makes all economic decisions concerning resources.
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Step-by-Step Analysis
Question asks which characteristics best describe a command system.
Option 1: 'Firms produce according to the demands of consumers.' In a command (centrally planned) economy, production is guided by a central plan, not by consumer demand. This makes t......Login to view full explanationLog in for full answers
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