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Command Economy
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Questions (176)
Which of the following statements best describes Russia's current economy?
A. It is a command economy where the government
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In a command economy, how are the prices of goods and services determined?
Responses A business owners business owners B the
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What is a potential benefit of a command economy? (1 point)
• low levels of government intervention • attention to the needs
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Which statement best describes an aspect of a command economy?
Profit motivates individuals to set up private businesses.
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Which of these is a correct description of one of the ways in which a command economy differs from a market economy a market
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Match each statement with the economy it best reflects(1 point)
Command economy Market economy Prices are set by supply and
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In a command economy how is it determined a goods and service will produce
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Drag and drop the country names to classify them by type of economy that they have today.
(2 points) Put responses in the correct
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an economy where a central government determines both the allocation of resources and the production of goods and services
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which of the following factors of production is unlikely to be found in command econmny
land capital labor entrepreneurship
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which of the following factors of production is unlikely to be found in command Economy
what is the answer 1 land 1 capital 1
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which of the following factors of production is unlikely to be found in command Economy
what is the answer? 1 land 1 capital 1
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Is this statement true or false?
Command economies are those in which the government or other central authority makes decisions
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At breakfast this morning Jate ate a banana.
Explain how that banana would have come to exist and get to Jane’s breakfast table
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How does a pure command economy answer the basic question of which goods and services should be produced?
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How does a pure command economy answer the basic question of which goods and services should be produced? (1
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How does a pure command economy answer the basic question of which goods and services should be produced?(1 point) Responses The
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Paweyiti Sull
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Which of the following differentiates a command economy from other types of economies?(1 point)
Responses the absence of
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What is a potential benefit of a command economy?(1 point)
Responses attention to the needs of society as a whole attention to
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Which events would be more common in a command economy than a market economy? Select all that apply.(1 point) Responses
People
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Which events would be more common in a command economy than a market economy? Select two
People with lower incomes have the same
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Julie
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Communist nations, such as North Korea and Cuba, in which the government or other central authority makes decisions and
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Forces of __________ are increasingly the force behind what to make in India's economy.
Responses A communismcommunism B
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How does a pure command economy answer the basic question of which goods and services should be produced?(1 point) Responses The
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What is a potential benefit of a command economy?(1 point) Responses emphasis on spurring innovation and entrepreneurship
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who
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What type of economy does the following sentence describe?
The central government has the authority to determine the allocation
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ik ur cheating
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Activity: Decisions on what, how, and for whom to produce are made by the government.
Reading: The state, or government, decides
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In a command economy, the production of braces may be focused on meeting government-set quotas or goals, rather than responding
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In a command economy, the government may allocate resources based on political priorities or considerations, rather than
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Production in a command economy is often focused on meeting government-set quotas or goals, rather than responding to market
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The U.S. economy is a ____(1 point)
Responses Free market Free market Mixed economy Mixed economy Command economy Command economy
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In a command economy, the government sets one price for all products, which may not accurately reflect production costs or
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In a command economy, all products may be sold at the same price determined by the government, regardless of production costs or
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Citizens in a command economy may receive equal pay for their work, regardless of their job or skill level.
Rephrase this
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Production in a command economy is often focused on meeting government-set quotas or goals, rather than responding to market
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How does a pure command economy answer the basic question of which goods and services should be produced?
The consumers decide
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Blue
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Which of these statements are related to Command economy?
Prices are set by supply and demand. Business owners make decisions
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Which of the following differentiates a command economy from other types of economies?(1 point)
a. the absence of government
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donal
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What is a potential benefit of a command economy?(1 point)
a. greater individual choice b. low levels of government intervention
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donal
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Which statement BEST describes a command economy?
A. Individuals make most economic choices. B. market forces decide most
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Elizabeth poff
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which one is a command economy??
A. China B. Japan C. South Korea D. North Korea
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Elizabeth poff
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Read the text and answer the question.
In Country X, the factors of production are all publicly owned and controlled by the
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BOThelper
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Read the text and answer the question.
In Country X, the factors of production are all publicly owned and controlled by the
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please help! :(
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In a command economy, everything is controlled by whom?
a central authority a Senate the people
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Sunshine124
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Fill in the blank.
In___economies ___ make decisions based on prices set in competitive markets. In ____ economies, decisions are
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What is a direct contrast to a market economy?
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Which situation is likely to occur in a pure command economy?
A.There is free trade between businesses. B.There are strong
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s
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Match the country with its type of economy.
Command economy Mixed economy China South Korea North Korea Japan
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Match the country with its type of economy, command economy, mixed economy, North Korea, China, Japan, South Korea
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Match the country with its type of economy.
Command Economy: Mixed economy: A. China B. South Korea C. North korea D. Japan
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Parent Categories (9)
Economic Systems
Economics
Factors of production
Market Economy
Production
Type of economy
Types of Economic Systems
Types of Economies
Types of Economy