In a Command Economy Like the Old Soviet Union, One

question 64

Multiple Choice

In a command economy like the old Soviet Union, one is able to improve one's lot and get ahead in society largely through

• A)entrepreneurship and risk-taking.
• B)innovation and profits.
• C)participating in the political hierarchy.
• D)getting high prices for one's products and resources.

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Definitions:

Consensus-Making

The process of making decisions that are agreed upon by all members of a group.

Hierarchical Power-Sharing

A system of governance or organizational structure where power and authority are distributed according to levels of hierarchy but are shared among different ranks.

Prejudice

A preconceived opinion or judgment about someone or something that is not based on reason or actual experience, often negatively biased.

Gig Economy

A labor market characterized by the prevalence of short-term contracts or freelance work as opposed to permanent jobs, often facilitated by digital platforms.