A political system in which the government controls all aspects of the economy is known as ___. A. capitalism B. socialism C. communism D. feudalism 相关知识点: 试题来源: 解析 C。本题考查不同政治经济制度的词汇。A 选项“capitalism”是资本主义;B 选项“socialism”是社会主义;C 选项“communism...
【题文】If a government ___ the economy, they put strict controls on people's ability to borrow money or on their own departments' freedom to spend money, in order to control the country's rate of inflation. A.squeezes B.advocates C.declines D.stretches 相关知识点: 试题来源...
typically the government. In a command economy, the government owns or controls most of the means of production, and economic activities are directed and regulated by central planning agencies. This system contrasts with market economies, where decisions are primarily driven by supply and demand force...
ACommand Economyis an economy that the government controls. The government controls the supply of goods and services. The state, rather than market forces, controls their prices. A command economy contrasts with a free market economy. In a free market economy, market forces determine prices.‘Mar...
One of the important consequence of trade reforms is the formation of free markets (free market economy), where there are no barriers and restrictions...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question ...
Government expected to announce GDP expanded about 5% in 2024 but many feel economy is in recession The Big Read Has China already reached peak oil? The country’s demand for crude seems to be plateauing sooner than expected. The implications are huge ...
Command-based economiesdepend on a central government that controls the production levels, pricing, and distribution of goods. In such a system, the government owns industries deemed essential on behalf of the consumers who use them. Competition among companies is discouraged or banned. Prices are c...
Models of economic behaviour in two different kinds of suppressed markets are developed and empirically tested using data on the Indian sugar and cement industries.; The first part of this thesis examines consumer and producer behaviour in "partially suppressed" markets where government controls are ...
Because the government controls the means of production in a command economy, it determines who works where and how much they are paid. This power structure contrasts sharply with a free market economy, in whichprivate companiescontrol the means of production and hire workers based on business nee...
In a planned economy, the government controls production, distribution, and prices. It makes all of the economic decisions through a central plan, specifically on how to allocate resources in order to meet collective goals. A market economy, on the other hand, relies on supply and demand to ...