Which of the Following Statements Is True About a Command

question 104

Multiple Choice

Which of the following statements is true about a command economy?

• A) Shortages occur because of complexities in the planning process.
• B) Planners determine what, how many, and for whom goods and services are to be produced.
• C) Planners often allocate goods and services through a rationing system.
• D) The quality of produced goods and services tends to be inferior.
• E) All of the above are true.

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Definitions:

Linguistic Determinism

The hypothesis that language determines the way we think and perceive the world.

Worldview

Individual perceptions or perceptions by a culture or group of people about key beliefs and issues, such as death, God, and the meaning of life, which influence interaction with others.

Triangle Of Meaning

A model that illustrates the indirect relationship between words, the objects they represent, and the thoughts or concepts those words evoke in the mind of the communicator.

Referents

Objects, events, or entities to which words or symbols refer, enabling communication and understanding.