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What is prohibited in a command economy?

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Sonal Bahl
Sonal BahlLv10
26 Jan 2021

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Related questions

What is prohibited in a command economy? 

 

(i) Government intervention 

(ii) Private ownership of property 

(iii) Control over the prices and income 

(iv) Rationing of goods 

 

what is prohibited in a command economy? check all that apply.

  • The control of prices and income levels
  • the rationing of manufactured goods
  • the personal ownership of property 
  • the influence of consumer demand
  • the intervention of the government
How does a command economy differ from a mixed market economy?
 
(i) In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more property rights.
(ii) In a command economy, citizens have more property rights. In a mixed market economy, citizens have fewer property rights.
(iii) In a command economy, citizens own all public property. In a mixed market economy, the government owns all public property.
(iv) In a command economy, citizens own all private property. In a mixed market economy, the government owns all private property.

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