Central Planning Usually Fails Because

question 208

Multiple Choice

Central planning usually fails because:

• A) of the scarcity of resources.
• B) of problems of inadequate demand and supply.
• C) central planners rely on market forces.
• D) of information and incentive problems.

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Definitions:

New World

Historically, a term referring to the Western Hemisphere, including the continents of North and South America, discovered by European explorers.

Science Classroom

A learning environment specifically designed for the teaching and exploration of scientific subjects.

Lab Coat

A protective outer garment worn by scientists and medical professionals in laboratories to prevent contamination.

Eyeball

The round organ in the skull of vertebrates, including humans, that allows for sight.