In a Command System,the Decision About What Should Be Produced

question 49

Multiple Choice

In a command system,the decision about what should be produced is made by

• A) a central authority
• B) the market
• C) repeating what was done in the past
• D) business firms
• E) consumers

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Definitions:

Attitude Object

The target or focus of an individual's feelings, beliefs, or behaviors, often studied in social psychology.

Home Security Systems

Integrated networks of devices designed to protect homes from burglary, vandalism, and other unauthorized entries.

Safety

In consumer terms, it refers to the protection of consumers from potential risks associated with products and services.

Maslow's Hierarchy

Maslow's Hierarchy is a theory in psychology proposed by Abraham Maslow in his 1943 paper, outlining a five-tier model of human needs, from physiological needs at the bottom to self-actualization at the top.