Asked by Abdul Rahman Aljajah on Jul 23, 2024
Verified
Examples of command economies are
A) the United States and Japan.
B) Sweden and Norway.
C) Mexico and Brazil.
D) Cuba and North Korea.
Command Economies
Economic systems where the government or central authority makes all decisions regarding the production and distribution of goods and services.
- Ascertain the features and results of market systems in contrast with command economies.
Verified Answer
TT
Thidar TheinJul 24, 2024
Final Answer :
D
Explanation :
Cuba and North Korea are examples of command economies, where the government controls all economic decisions and resources.
Learning Objectives
- Ascertain the features and results of market systems in contrast with command economies.