Which of the following was NOT true of centrally planned economies?
A) At the time of their collapse, standards of living in most centrally planned economies was at or above that of market economies.
B) Basic necessities were often not provided to citizens in centrally planned economies.
C) Underground economies for goods and services thrived in most centrally planned economies.
D) Prices on the black market were much higher than the official prices set by governments.

Question

Quizplus · Accepted Answer

At the time of their collapse, standards of living in most centrally planned economies were generally lower than that of market economies.

Which of the Following Was NOT True of Centrally Planned