In General, Command and Mixed Economies Failed to Deliver the Kind

question 77

True/False

In general, command and mixed economies failed to deliver the kind of sustained economic performance that was achieved by countries adopting market-based systems.

---

Definitions:

Empathy Underestimation

The phenomenon where individuals underestimate the capacity to understand and share the feelings of another person.

Moral Standards

A set of principles that govern what is considered right and wrong behavior.

Prosocial Cultural Values

Cultural norms that promote positive and helpful behavior towards others.

Mortality

The state of being mortal or susceptible to death; often used in statistics to refer to the rate of death within a population.