Which of the Following Is a Characteristic of a Pure

question 111

Multiple Choice

Which of the following is a characteristic of a pure command economy?

• A)all resources are privately owned
• B)economic activity is coordinated by the price system
• C)competitive markets guide resources to their highest-valued uses
• D)centralized economic planning is used to answer the basic economic questions
• E)economic choices are voluntary and are based on rational self-interest

---

Definitions:

Angular Fragments

Pieces of rock or mineral that have sharp edges, typically resulting from mechanical weathering and indicative of rapid transport or deposition.

Qualitative

Pertaining to descriptions or distinctions based on qualities rather than on quantity or numerical values.

Chemical Composition

The identification and proportion of elements and compounds within a substance, defining its properties and reactions.

Quantitative

Refers to measurements or data that can be expressed numerically, allowing for precise and objective analysis.