Author Question: One of the most centrally planned economies in the world today is found in a. the United States b. ... (Read 20 times)

jasdeep_brar

  • Hero Member
  • *****
  • Posts: 569
One of the most centrally planned economies in the world today is found in
 a. the United States
  b. Germany
  c. Canada
  d. Japan
  e. North Korea

Question 2

Which of the following is a characteristic of a pure command economy?
 a. all resources are privately owned
  b. economic activity is coordinated by the price system
  c. competitive markets guide resources to their highest-valued uses
  d. centralized economic planning is used to answer the basic economic questions
  e. economic choices are voluntary and are based on rational self-interest



dawsa925

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

E

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

For a complete list of videos, visit our video library