Which of the Following Is a Reason That Command Economies

question 74

Multiple Choice

Which of the following is a reason that command economies tend to stagnate?

• A) Costs are tightly controlled and business are forced to be efficient rather than dynamic and innovative.
• B) The abolition of private ownership means there is no incentive for individuals to look for better ways to serve consumer needs.
• C) All economic resources are mobilized for the public good.
• D) Individuals in command economy countries lack the skills to be innovative.

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