Examlex
Which of the following is correct with regard to the issue of different economic systems?
There is a general consensus that command economies are more efficient than market economies because centralized government can consider a wider range of economic factors when decisions are made.
In recent years, more and more countries have rejected communism and embraced more market-based economies.
Socialism is the most extensive command economic system because government owns all the major industries.
A GlobeScan poll of 20 000 people in 20 different countries showed that support for a free market economy was most pronounced in Singapore.
All of these are correct.
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