Which of the Following Disagrees with the Concept of Centrally

question 76

Multiple Choice

Which of the following disagrees with the concept of centrally planned economies?

• A)At the time of their collapse,standards of living in most centrally planned economies were at or above those of market economies.
• B)Basic necessities were often not provided to citizens in centrally planned economies.
• C)Underground economies for goods and services thrived in most centrally planned economies.
• D)Prices on the black market were much higher than the official prices set by governments.

---

Definitions:

Knowledge Workers

Employees who primarily deal with information or knowledge in their job, such as software developers, scientists, and academics, relying on their education and expertise.

Technological Trends

Patterns of technological innovation and adoption that indicate the general direction of future technological development.

Sustainable Development

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

Ethical Expectations

The moral standards or principles anticipated in a certain context, guiding behavior and decision-making.