In the former USSR, state planners decided what was to be produced. They passed orders down to factories, allocating raw materials, workers, and other factors of production to them. This is an example of (a) :
A) corporation.
B) command economy.
C) market economy.
D) government as a referee.
Correct Answer:
Verified
Q32: In socialism:
A) economic forces do not operate.
B)
Q33: Through most of the 20th century in
Q34: In practice, distribution under socialism is primarily
Q35: A socialist economy in theory:
A) requires private
Q36: Socialism in theory is based on the
Q38: Suppose that at the current price, consumers
Q39: During the Industrial Revolution:
A) feudal lords lost
Q40: In a socialist economic system:
A) markets are
Q41: Governments do all of the following except:
A)
Q42: Businesses do all of the following except:
A)
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