Which term best describes the Soviet economy?
A)Efficient
B)Inefficient
C)Fair
D)Prosperous
E)Competitive

Name: Which term best describes the Soviet economy? A)Efficient B)Inefficient C)Fair D)Prosperous E)Competitive
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Question

Quizplus · Accepted Answer

The Soviet economy is often described as inefficient due to its centralized planning and lack of market mechanisms, which led to widespread resource misallocation and productivity issues.

Which Term Best Describes the Soviet Economy