8. Which of the following is a characteristic of a Command Economy? (1 point) Responses surplus of resources surplus of resources government control government control citizens can open a business and set prices citizens can open a business and set prices limited government control limited government control
government control
The characteristic of a Command Economy is government control.
To identify the characteristic of a Command Economy from the given options, we need to understand what a Command Economy is.
A Command Economy is an economic system where the government centrally plans and controls all economic activities, including the production and distribution of goods and services.
Now let's analyze the options:
1. Surplus of resources: This does not specifically relate to any characteristic of a Command Economy.
2. Government control: This is a characteristic of a Command Economy. In this system, the government has significant control over economic decision-making.
3. Citizens can open a business and set prices: This is not a characteristic of a Command Economy. In a Command Economy, the government controls business operations and determines prices.
4. Limited government control: This is the opposite of a Command Economy. In a Command Economy, there is strong government control over the economy.
From the given options, the characteristic of a Command Economy is "Government control."