Nearly All Economic-Related Decisions in a Centrally Planned Economy Are

question 74

True/False

Nearly all economic-related decisions in a centrally planned economy are determined by the interplay of supply and demand.

---

Definitions:

Ecological Modernization

An approach that suggests industrialized societies can continue to develop economically while reducing their impact on the environment.

Bioprospecting

The process of discovery and commercialization of new products based on biological resources, often in the field of medicine.

Sustainable Development

is the development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

Our Common Future

A report published by the World Commission on Environment and Development (WCED) in 1987, also known as the Brundtland Report, focusing on sustainable development.