As opposed to the market system, in command economies:
A)the reward for innovation is extensive.
B)the reward for innovation does not exist.
C)meeting the production targets are extremely important.
D)the profit motives are extremely high.

Question

Quizplus · Accepted Answer

In command economies, the government has full control over the production and distribution of goods and services, so there is no competition or market-driven incentive for innovation. The government sets production targets, and meeting these targets is important for the economy to function efficiently. Profit motives are not the primary driver in command economies.

As Opposed to the Market System, in Command Economies