Examples of Command Economies Include

question 152

Multiple Choice

Examples of command economies include

• A) socialism and free enterprise.
• B) capitalism and socialism.
• C) socialism and market economy.
• D) communism and capitalism.
• E) socialism and communism.

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Definitions:

Pie Chart

A circular graph that shows how some total is divided among its components, usually expressed in percentages.

Relative Shares

The proportion of total income or wealth held by different groups within a society, often used to analyze income or wealth distribution.

Time-Series Graph

A graphical representation showing how a variable or set of variables changes over time, tracking trends and patterns in the data.

Unemployment Rate

The percentage of the labor force that is jobless, actively seeking employment, and available to work.