What Is the Term for a System of Economic Organization

question 124

Multiple Choice

What is the term for a system of economic organization in which the ownership and control of productive capital assets rests with the state, and resources are allocated through central planning and political decision making?

• A) a command economy
• B) a market economy
• C) a corporate economy
• D) a capitalist economy

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Definitions:

In Vitro Fertilization

A medical procedure in which an egg is fertilized by sperm outside the body, in a laboratory setting.

Petri Dish

A shallow cylindrical glass or plastic lidded dish that biologists use to culture cells or small organisms.

Embryos

Early stages of development for multicellular organisms following fertilization and before birth or hatching.

Vitro Fertilization

A medical procedure in which an egg is fertilized by sperm outside the body, commonly referred to as IVF, and then the embryo is implanted in the uterus.