In a command economy, the government does not decide where a person works True or false

1 answer:

3 0

A command economy is a system where the government, rather than the free market, determines what goods should be produced, how much should be produced and the price at which the goods are offered for sale. It also determines investments and incomes. The command economy is a key feature of any communist society. Cuba, North Korea and the former Soviet Union are examples of countries that have command economies, while China maintained a command economy for decades before transitioning to a mixed economy that features both communistic and capitalistic elements .

False

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A measure of social class that is based on income, wealth, prestige and power is called? a. socioeconomic status. b. esteem. c.

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A measure of social class that is based on income, wealth, prestige and power is called socioeconomic status.

What is Socioeconomic Status?

A person's socioeconomic status is a combined economic and sociological assessment of their level of education, employment history, access to resources, and standing in society.

Therefore,

A measure of social class that is based on income, wealth, prestige and power is called socioeconomic status.

To learn more about socioeconomic status from the given link:

brainly.com/question/8625928

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B. $6

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Answer:

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Response is “ why wages for females are lower than for males in a particular labor market” because there the micro-economist would focus on a particular market: the labor market, and tries to understand the wage gap between female and male workers.

The remaining options focus on large scale factors on a “macro” level and thus do not pertain to the study of “micro”economics .

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