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April 18, 2014

Homework Help: Economics

Posted by Jeff on Monday, February 14, 2011 at 12:33pm.

Rank in order from best to worst, the economic systems(command, market and mixed) according to which, in theory, best attempts to meet the conditions of The Human Development Index. Why did you rank them this way.

I am thinking (in theory):
1-command
2-mixed
3-market

The The Human Development Index indicates the living conditions mostly for poor citizens. I ranked them this way because government interference is usually beneficial for the poor (social programs and sharing the wealth as in communism). Is this right? Thanks.

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