Inefficiency Is a Flaw of a Command Economy Because There

question 89

True/False

Inefficiency is a flaw of a command economy because there is less incentive for resources to flow to their highest-valued uses.

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Definitions:

Multiculturalism

The presence of, or support for the presence of, several distinct cultural or ethnic groups within a society.

Concrete Experience

Direct involvement in and interaction with events or activities, leading to the acquisition of knowledge through practical engagement.

Rights Revolution

A period of significant social, political, and legal changes that expanded civil, political, and human rights within a society.

Residential Schools

Education institutions established primarily for the assimilation of indigenous children into the dominant culture, often resulting in significant cultural and family disruption.