Recall Application 3, "The Shakers and the Market for Garden Seeds," to answer the following questions:
-Based on the application, one can infer that the economic system adopted by each Shaker community more closely resembles that of a:
A) market economy.
B) centrally planned economy.
C) self- sufficient economy.
D) All of the above are correct.

Question

Quizplus · Accepted Answer

The Shaker communities operated under a centrally planned economy where decisions were made collectively, and resources were allocated according to the community's needs rather than market forces.