In the Context of Planned Economies, Countries That Adopted Communism

question 25

Multiple Choice

In the context of planned economies, countries that adopted communism in 1900s developed:

• A) individualism and narcissistic values among people.
• B) a plethora of choices regarding jobs and buying options.
• C) transparency at every level of government.
• D) crippling shortages and surpluses.

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Definitions:

Nonprofit Managers

Individuals who are responsible for overseeing the administration, programs, and strategic plan of a nonprofit organization.

Governance

The action or manner of governing a state, organization, or people, typically involving regulations and policies.

Public Sector

Part of the economy composed of government services and enterprises, including healthcare, education, and public safety, aimed at serving the citizens.

Organizational Processes

The set of activities and procedures undertaken by an organization to achieve its objectives efficiently and effectively.