The problems of central planning become less complex as an economy grows in size over time.

Question

Quizplus · Accepted Answer

The problems of central planning do not become less complex as an economy grows in size over time. In fact, as an economy grows, the complexities of coordinating resources, production, and distribution increase. Central planning can lead to inefficiencies, shortages, and market distortions, particularly in large and complex economies.

The Problems of Central Planning Become Less Complex as an Economy