In a Command Economy

question 131

Multiple Choice

In a command economy

• A) producers generally have little choice about what goods and services to produce.
• B) the individual decisions of the many producers and consumers come together to make the macro-level decisions.
• C) consumers make a society's production decisions.
• D) consumers decide what is to be produced and by whom through their dollar "votes."
• E) the market adjusts itself.

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Definitions:

Lawrence Kohlberg

A psychologist best known for his theory of the stages of moral development, which describes how individuals evolve in their understanding of morality.

Universal Human Rights

The idea that all human beings are entitled to certain rights and freedoms, regardless of their nationality, sex, national or ethnic origin, race, religion, language, or any other status.

Abstract Reasoning

The ability to analyze information, detect patterns and relationships, and solve problems on a complex, intangible level.

Formal Operations

The final stage in Piaget's theory of cognitive development, characterized by the ability to think abstractly and logically.