In a Command Economy, Producers Generally Have Little Choice About

question 237

True/False

In a command economy, producers generally have little choice about what goods and services to produce.

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Definitions:

Locality Development

Locality development emphasizes the involvement and empowerment of community members in the process of identifying and addressing their own needs to improve their local area.

Community Brokering

The practice of connecting members of a community with resources, services, or opportunities they may not have access to or knowledge of, enhancing community well-being.

Economic Characteristics

Attributes that describe the economic status or conditions of a particular region, including income levels, employment rates, and types of industries present.

Major Industries

The primary sector of the economy that dominates a country's production output, employment, or revenue.