All of these are found in a command economy EXCEPT
A)minimum wage. ------
Eliminate
B)
environmental controls.
C)
ownership of corporate stock.
D)
government regulation of the economy.
No.
I've checked two of your guesses. Now you're on your own. I suggest you study this definition. Also make sure you understand your answer choices.
http://www.investopedia.com/terms/c/command-economy.asp
To determine which option is NOT found in a command economy, we need to understand what a command economy is and then analyze each option.
A command economy is an economic system in which the government or a central authority makes all the major economic decisions. This means that the government determines what and how much should be produced, how resources should be allocated, and sets the prices of goods and services.
Now, let's analyze each option:
A) Minimum wage: In a command economy, the government typically determines and sets minimum wage levels. It ensures that workers receive a certain minimum compensation for their labor. Therefore, minimum wage is typically found in a command economy.
B) Environmental controls: In a command economy, the government has the authority to implement environmental regulations and controls in order to protect the environment and ensure sustainable practices. Therefore, environmental controls can be found in a command economy.
C) Ownership of corporate stock: In a command economy, the government usually has control over major industries and corporations. The ownership of corporate stock is typically centralized and controlled by the government. Therefore, ownership of corporate stock can be found in a command economy.
D) Government regulation of the economy: In a command economy, the government exerts extensive control and regulation over the economy, including setting prices, allocating resources, and making major economic decisions. Therefore, government regulation of the economy is a characteristic of a command economy.
From the analysis, we can conclude that all the options (A, B, C, and D) can be found in a command economy. Therefore, the correct answer is A) minimum wage, as it is NOT found in a command economy.