One reason why the Soviet Union grew slowly in the 20th century compared to the United States and Western Europe was that it:
A)did not invest as much in capital goods.
B)invested in too many consumer goods.
C)licensed too many private enterprises, creating destructive competition.
D)did not provide incentives for individuals to produce what consumers valued.

Question

Quizplus · Accepted Answer

The Soviet Union's economic system did not provide incentives for individuals to produce what consumers valued, which is a key factor in its slower growth compared to the more market-oriented economies of the United States and Western Europe. This lack of incentives led to inefficiencies and a misallocation of resources.

One Reason Why the Soviet Union Grew Slowly in the 20th