Which of the Following Is a Problem Inherent in Centrally

question 73

Multiple Choice

Which of the following is a problem inherent in centrally planned economies?

• A)There are no problems and everyone,including consumers,is satisfied.
• B)There is too much production of low-cost,high-quality goods and services.
• C)Production managers are more concerned with satisfying government's orders than with satisfying consumer wants.
• D)Unemployment is too high.

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Definitions:

Homo Neanderthalensis

An extinct species of human that lived alongside early homo sapiens, characterized by robust build and distinct skull features.

Fossil Record

The total number of fossils that have been discovered, as well as the information derived from them, providing evidence about the history of life on Earth.

Interbred

The result of breeding or mating between closely related individuals, often leading to a reduction in genetic diversity and potential health issues.

Vertebrate Groups

Categories of animals with backbones, including mammals, birds, reptiles, amphibians, and fish.