This excerpt is from an article about the challenges facing countries in transition from command to market economies. Many transition economies experienced price inflation as a result of the removal of price controls imposed by governments. When this happened, the newly privatized firms began to charge prices that reflected the true costs of production. In addition, some entrepreneurs exploited their position and raised prices in an attempt to profit from the situation. As newly privatized firms tried to become more efficient, transition economies experienced rising unemployment. Under communism, state owned industries tended to employ more people than was strictly needed, and as private entrepreneurs entered the market, labor costs were cut back in an attempt to improve efficiency.

According to Source 2, why are prices artificially low in command economies?

the government allows markets to function on their own
the producers charge prices that reflect the true cost of production
Price control from the government does not reflect the true market price
Producers raise prices in an attempt to profit from the removal of price controls.

What was the difference between marx view of communism and the actual implementation in russia? a. there was no difference between the marxist communism and russian communism. c. marxist view was not interested in the government controlling business while in russia, everything was controlled by the government b. marxist view was focused more on economic control while russia focused on taking complete controlled of everything. d. marxist view believed that the government controlled everything without questions while russia moved more towards a mixed economy.

(1) which of these statements best describes the views of nativists in the late 1800s? a)they believed that immigrants were inferior to individuals born in the united states. b)they believed that more people should immigrate to the united states and assimilate into american culture. c)they believed that no one should be allowed to immigrate to the united states. d)they believed that immigrants had a responsibility to bring their own cultures to the united states. (2)which of the following best describes tenements in new york city in the early 1900s? a) crowded and unsanitary apartment buildings where two-thirds of the city's population lived b) crowded and unsanitary apartment buildings where a small portion of the city's population lived c) dark and crowded homes outside the city where the majority of city workers lived d) dark and crowded homes outside the city where immigrants lived for a short time after arriving in america 3) during the 1800s, nativists promoted the idea that immigrants contributed to unemployment a) taking jobs back to their native countries. b) blocking american workers from applying for jobs. c) competing for jobs that they believed should go to people born in america. d) forcing or intimidating employers into hiring them. 4) which law required immigrants to be able to read and write? a) the chinese exclusion act b) the immigration act of 1917 c) the emergency quota act d) the johnson-reed immigration act

Which of the following describes the branches of government in china? a executive b state council c judicial d premier e legislative f npc g ministers of state