Central Planning in Communist Countries Failed Because of Insufficient Incentives

question 39

True/False

Central planning in communist countries failed because of insufficient incentives for innovation and excessive market information.

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Definitions:

Interpersonal Skills

Abilities that facilitate effective and positive interaction between individuals.

Summary Of Qualifications

A brief section in a resume highlighting an individual's skills, experiences, and accomplishments relevant to a job application.

E-Portfolio

An E-Portfolio is a digital collection of an individual's work artifacts and accomplishments, showcasing skills and experiences for educational or professional purposes.

Talents

Natural aptitudes or skills that individuals possess, which can be developed and nurtured.