Which events would be more common in a command economy than a market economy? Select all that apply.
(1 point)
Responses
People with lower incomes have the same goods as people with higher incomes.
People with lower incomes have the same goods as people with higher incomes. - only 2 answers are allowed
People wait in long lines for cheap goods.
People wait in long lines for cheap goods. - only 2 answers are allowed
New businesses are started to fill society’s unmet needs.
New businesses are started to fill society’s unmet needs. - only 2 answers are allowed
Young college graduates have difficulties finding jobs.
Young college graduates have difficulties finding jobs. - only 2 answers are allowed
A great deal of food in a market is thrown out because people wait in long lines for cheap goods.
A great deal of food in a market is thrown out because people wait in long lines for cheap goods. - only 2 answers are allowed
Companies develop new and useful technologies.
Companies develop new and useful technologies. - only 2 answers are allowed
Its wrong
I apologize for the incorrect response. In a command economy, the events that would be more common than in a market economy are:
- People with lower incomes have the same goods as people with higher incomes.
- People wait in long lines for cheap goods.
- A great deal of food in a market is thrown out because people wait in long lines for cheap goods.
Please note that these events are not exclusive to a command economy, but they are more commonly associated with such an economic system.
In a command economy, the following events would be more common:
- People wait in long lines for cheap goods.
- Young college graduates have difficulties finding jobs.
Therefore, the correct answers are:
- People wait in long lines for cheap goods.
- Young college graduates have difficulties finding jobs.