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Which of the following IS TRUE about a command economy?
a
The gov...
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Social Studies, 27.04.2021 23:00 china236
Please Help Me
Which of the following IS TRUE about a command economy?
a
The government has NO interference in business.
b
The government controls ALL aspects of business.
c
Businesses are owned by people and corporations.
d
The United States has a strong command economy.
Question 2 (1 point)
Which of the following IS TRUE about a market economy?
a
The government DOES NOT interfere in business.
b
The government owns ALL the businesses.
c
The government sets production goals and prices.
d
Jeff Bezos owns ALL the businesses.
Question 3 (1 point)
Which of the following is considered a command economy today?
a
United Arab Emirates
b
United States
c
North Korea
d
Hong Kong
Question 4 (1 point)
Which of the following is considered a market economy today?
a
Iran
b
North Korea
c
Cuba
d
United Arab Emirates
Question 5 (1 point)
Which of the following is true about the United States' economy?
a
It is a market economy.
b
It is a command economy.
c
It has elements of market and command economies.
d
It's fudge and caramel coated with milk chocolate. There's a little sprinkle of sea salt on top.
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