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Command Economies

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Test your knowledge about command economies!

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Command EconomiesVersion en ligne

Test your knowledge about command economies!

par sarah ayyad
1

Command economies rely on market forces to allocate resources.

2

In a command economy, the government may own and operate major industries.

3

In a command economy, there is less emphasis on profit and competition.

4

Command economies are characterized by government control over the allocation of resources.

5

In a command economy, the government has limited involvement in the economy.

6

In a command economy, prices are determined by supply and demand.

7

Command economies can be more stable during times of crisis.

8

Command economies can lead to a more equal distribution of wealth.

9

In a command economy, private ownership of businesses is encouraged.

10

Command economies are more efficient than market economies.

11

Command economies often prioritize collective goals over individual preferences.

12

In a command economy, there is a high level of competition among businesses.

13

In a command economy, the government determines what goods and services are produced and how they are distributed.

14

In a command economy, the government may provide free or subsidized healthcare and education.

15

Command economies are based on the principles of capitalism.

16

Command economies promote innovation and entrepreneurship.

17

Command economies are often associated with socialism or communism.

18

Command economies prioritize individual freedom and choice.

19

In a command economy, consumers have a wide variety of choices.

20

In a command economy, prices are set by the government.

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