The economies of North Korea and Cuba are
A) similar in that they are both basically command systems.
B) similar in that they are both basically market systems.
C) different in that North Korea has a command system, while Cuba has a market system.
D) different in that Cuba has a command system, while North Korea has a market system.
Correct Answer:
Verified
Q101: The government may not implement policies intended
Q102: Capitalism gets its name from the fact
Q103: The guiding function of prices tends to
Q104: In a command system,
A) self-interest motivates and
Q105: The market system is also known as
Q107: Which of the following statements about self-interest
Q108: Laissez-faire capitalism limits the government's economic functions
Q109: The government may impose industrial safety regulations
Q110: The invisible hand refers to the many
Q111: Which of the following would not be
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents