An economic system in which most prices, property, and production are directly controlled by the state is best defined as
A) capitalism
B) a market economy
C) communism
D) a command economy
Correct Answer:
Verified
Q1: The Japanese model of market-state relations is
Q3: Neoliberals in the 1980s were skeptical about
Q4: Supporters of neoliberal policies argue that the
Q5: The control of the entire supply of
Q6: Which of the following is an example
Q7: "Market failure" is best defined as
A)a phenomenon
Q8: The Japanese bureaucracy informally influences industries and
Q9: A cost or benefit of the production
Q10: The social market economy in Germany
A)has long
Q11: When governments spend more than is collected
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