Inefficiency Is a Flaw of a Command Economy Because There

question 89

True/False

Inefficiency is a flaw of a command economy because there is less incentive for resources to flow to their highest-valued uses.

---

Definitions:

Tom Regan

An American philosopher known for his work in animal rights and ethics, advocating for the intrinsic value of animal lives.

Informed Consent

The process by which a patient or participant gives permission for a medical procedure or participation in research after being informed of the risks, benefits, and alternatives.

Individual Autonomy

The ability and right of individuals to make their own choices and decisions, free from external control or constraint.

Captive Populations

Groups of people who are not free to leave or refuse participation, often used in contexts of research or incarceration.