The former Soviet Union continually failed to anticipate and meet demands for food and housing, which led to long lines and waiting lists among citizens. This best illustrates which drawback of communism?
A) extreme government intrusion
B) consumer sovereignty
C) central planning flaws
D) high taxes
E) lack of incentives

Question

Quizplus · Accepted Answer

The failure to anticipate and meet demands for food and housing in the former Soviet Union is a classic example of the drawbacks of central planning, where a central authority makes decisions about production and distribution, often leading to inefficiencies and shortages.

The Former Soviet Union Continually Failed to Anticipate and Meet