A Command Economic System Is Characterized By

question 91

Multiple Choice

A command economic system is characterized by:

• A)Reliance on the forces of supply and demand to determine what is produced.
• B)Reliance on the government to determine what is produced and who gets the output.
• C)An extremely rapid rate of economic growth.
• D)Freedom of choice and freedom of competition.

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Definitions:

Operant Behavior

Conduct that is governed or impacted by its outcomes, such as incentives or sanctions.

Influences

Factors or agents that have an effect on the development, behavior, or decisions of individuals or systems.

Environment

Every nongenetic influence, from prenatal nutrition to the people and things around us.

Learned Associations

Connections made in the mind between two experiences or ideas, which can influence thoughts, feelings, and behaviors.