Company homesprite library home coursestrip
Save 56% on Assignment Crafted by Human Writers Order Now

OFFER! Save 56% on Assignment Crafted by Human Writers

Search
Listening..

What Is One Way a Command Economy Affects The Lives Of Private Citizens?

Answer :

A. Citizens Must Pay For Their Own Health Care.

B. Citizens Have Limited Access To Education.

C. Citizens Cannot Make Most Economic Decisions.

D. Citizens Can Only Work In Factories Or On Farms.

Correct Answer: C. Citizens Cannot Make Most Economic Decisions.

A command economy is a system where the government controls all aspects of the production and distribution of goods. The government decides everything like what goods and services will be given, who will get them, and in what amounts. It is different from the market economy, where these decisions are made by individuals and businesses based on supply and demand. It means that citizens cannot make most economic decisions.

Related Question: Which Best describes What Injector Factors bring to an Economic System?

unlock svg

Unlock Full Answers Instantly !

Access detailed, expert solutions to all your questions with just one click. See the complete answers now !

Unlock Now

Resolve all your doubts in One Place

We provide expert solutions to your questions. Search for your doubts here and resolve your queries smoothly.

ASK your question
Our experts are here to assist if you need MBA assignment help. They have good knowledge and amazing writing skills. Other than this, you can also get economics, law or programming assignment help from them. They have expertise and good knowledge of different subjects. So you can get help from them on any topic.

Recently Added Questions

An Extended Recessionary Period is Indicative of?

Downloads: 1567 Pages: 1 Words: 125

A. A growing economy. B. The end of a recession. C. Depression. D. The start of a recovery. Correct Answer: C. Depression. An extended recession means that a country's economy is in trouble for a prolonged period. This includes economic crises, bank failures, business bankruptcies, and high ...

View

Which Best describes What Injector Factors bring to an Economic System?

Downloads: 1752 Pages: 1 Words: 136

A. Imports B. Consumers C. Factors of production D. Money Correct Answer: D. Money Explaination: The government finances several initiatives, including social security and farm subsidies, which infuse money into the economy. The economic system benefits from injector elements, including ...

View

What Restriction Would the Government Impose in a Closed Economy?

Downloads: 1740 Pages: 1 Words: 146

A. The government would prohibit trade with other nations. B. The government would set the prices for imported goods. C. The government would preserve traditional customs only. D. The government would prevent private ownership of property. Correct Answer: A. The government would prohibit trade ...

View

Which of the Following Will be Accomplished by Efficient Allocations of the Factors of Production?

Downloads: 1824 Pages: 1 Words: 96

A. Ensuring economic profitability. B. Understanding whether a product will fail. C. Fulfilling many needs and wants of society. D. Replenishment of limited resources. Correct Answer: C. Fulfilling many needs and wants of society. When resources are used wisely, it helps society get what it ...

View

Boost Grades & Leave Stress

Share Your Requirements Now for Customized Solutions.

    25% Off USD 9.33

    USD 7

    100+ Qualified Writers

    For Best Economics Assignment Help

    expert name
    837 - Completed Orders
    Dr. Joseph Parker View Profile Ph.D in Geography USA Hire Me
    expert name
    1221 - Completed Orders
    Diana Haydon View Profile Graduate in Environment and Energy Studies Australia Hire Me
    expert name
    1454 - Completed Orders
    Darren Fishman View Profile Master's in Journalism & Mass Comm. UK Hire Me
    expert name
    874 - Completed Orders
    Michelle Stewart View Profile Master's in Human Pathology USA Hire Me
    expert name
    1342 - Completed Orders
    Smith Adams View Profile Post graduation in Psychology New Zealand Hire Me
    expert name
    1443 - Completed Orders
    Fiona Jackson View Profile Master's in Civic Education Australia Hire Me
    expert name
    1321 - Completed Orders
    Juniper Roosevelt View Profile Master's in International History UK Hire Me
    expert name
    1149 - Completed Orders
    Albert Thompson View Profile Master's in Production & Industrial Management USA Hire Me
    View All Writers
    GAH whatsapp

    Limited Time Offer

    Exclusive Library Membership + Free 300$ Wallet Balance

    offer image
    offer image
    offer image
    statue image

    Get $300 Now

    phone-icon Update your Number

    Number successfylly updated