Which statement describes a disadvantage of a command economy?
Select one:
O Nothing stops the government from producing things people don't need.
O It doesn't help the disadvantaged obtain the goods and services they need.
O
It can't "change direction" easily.
O Items tend to be made solely for the sake of profit.

Question

22-06-2022
Business

contestada

Which statement describes a disadvantage of a command economy?
Select one:
O Nothing stops the government from producing things people don't need.
O It doesn't help the disadvantaged obtain the goods and services they need.
O
It can't "change direction" easily.
O Items tend to be made solely for the sake of profit.

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suchetasVT suchetasVT · Answer 1 · 2022-06-28T14:05:10+02:00

The main disadvantage of the command economy is that nothing stops the government from producing things people don't need. Therefore, the correct statement is Option A.

What do you know about command economy?

An economic system wherein the approach of manufacturing is publicly owned and economic interest is managed via way of means of a government that assigns quantitative manufacturing needs and allots raw materials to productive enterprises can be referred to as a Command economy.

Therefore, The main disadvantage of the command economy is that nothing stops the government from producing things people don't need. the correct statement is Option A.

Learn more about command economy:

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