A Problem Inherent in Centrally Planned Economies Is

question 137

Multiple Choice

A problem inherent in centrally planned economies is:

• A)households and firms make poor decisions in choosing how resources are allocated.
• B)there is too little production of low-cost, high-quality goods and services.
• C)production managers are more concerned with satisfying consumer wants than with satisfying government's orders.
• D)exports tend to exceed imports.

---

Definitions:

Sexual Power

The capacity or ability derived from one's sexuality to influence, control, or manipulate others within sexual or social relationships.

Social Selves

A concept in sociology that emphasizes the constructed nature of social identities, influenced by interactions and societal norms.

Identity Politics

Political positions based on the interests and perspectives of social groups with which people identify.

Social Movements

Collective efforts by groups of people to achieve a shared objective, often aimed at social change or resisting an aspect of society.