In a Command Socialist Economy

question 115

Multiple Choice

In a command socialist economy:

• A)resources are government owned but individuals make some decisions over their use.
• B)resources are government owned and government exercises broad power over their use.
• C)resources are privately owned and individuals make decisions over their use.
• D)resources are privately owned but government exercises broad power over their use.

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Definitions:

Political Processes

Political processes refer to the activities that relate to the governance of a country or area, especially the debate between parties having power.

Terms of Office

The fixed length of time during which elected officials or appointees serve in their respective roles.

Constituencies

The body of voters or residents in a specified area who are entitled to elect a representative to a legislative or other public body.

Appropriation

The legislative process of allocating funds to specific governmental purposes, projects, or activities.