Which of the Following Is a Characteristic of a Pure

question 148

Multiple Choice

Which of the following is a characteristic of a pure command economy?

• A)All resources are privately owned.
• B)Economic activity is coordinated by the price system.
• C)Competitive markets guide resources to their highest-valued uses.
• D)Centralized economic planning is used to answer the basic economic questions.
• E)Economic choices are voluntary and are based on rational self-interest.

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Definitions:

Gullah

An African American community living on the Sea Islands and in the coastal region of the Southern United States, known for preserving more of their African linguistic and cultural heritage than any other African American community.

Freed Slaves

Individuals who were emancipated from slavery, particularly in the United States following the Civil War and the Emancipation Proclamation.

Civil War

A war between factions or regions within the same country, often centered on disputes over governance, territory, or ideology.

Freed Slaves

Individuals who were liberated from slavery, particularly in the context of the American Civil War and the Emancipation Proclamation.