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elena-s [515]
4 years ago
13

When compared to a mixed-market economy, a command economy typically has

Business
2 answers:
Alex787 [66]4 years ago
4 0

Correct answer choice is:

<h2>B. more government control over production.</h2><h3>Explanation:</h3>

A command economy is a regularity where the government, rather than the free market, decide what assets should be manufactured, how enormously should be manufactured and the amount at which the assets are allowed for trade. It also fixes finances and interests. The command economy is a fundamental characteristic of a communist nation.

<h2 />
ASHA 777 [7]4 years ago
3 0

When compared to a mixed-market economy, a command economy typically <u>has more government control over production</u>.

  • A command economy is a type of an economy system in which centralized government has bigger control over the economic system.
  • Mixed market economy is a type of economy that free of government interference with exceptions of crucial sectors such as defense and transport.

<h2>Further Explanation:</h2>
  • Economic system of a country refers to the manner in which resources that are scarce are distributed within the economy of that country.
<h3>Command economy  </h3>
  • This is a type of economy in which a centralized power controls the bigger part of the economic system.
  • This type of economy creates a healthy supply of resources and rewards to people at prices that are affordable. Critical utilities such as aviation, railroads, etc. are owned by the government.
  • Therefore, personal ownership of property is prohibited in this type of economy.
<h3>Mixed-market economic system  </h3>
  • It is a combination of command economic system and market economy.
  • The market in this case is less free of government interference with the exceptions of crucial areas such as defense and transport.
  • This type of economic system incorporates capitalist and socialist policies.
<h3>Other types of economy system</h3><h3>Market Economic system  </h3>
  • This is a free market economy in which households and firms determine how resources are allocated and what goods are produced and who the buyers are.
  • There is a separation of the government and the market which prevents the government from becoming too powerful.
<h3>Traditional economic system  </h3>
  • It is a type of economic system where a surplus is rare since each member has a more specific role. They system is closely associated to land through farming.
  • These type of economic system or societies are socially satisfied. However, this type of economic system lack access to technology and medicine.

Keywords: Economic system, Command economy, mixed market economy

<h3>Learn about</h3>
  • Economic system: brainly.com/question/11008356
  • Function of economic system: brainly.com/question/11008356
  • Command economy: brainly.com/question/11008356
  • Mixed market economy: brainly.com/question/11008356

Level; High school:

Subject: History  

Topic: Economic system  

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Nesterboy [21]

Answer:

The infant industry argument says that Question 7 options:

tariffs should be imposed to allow a new industry in a country to get established.

Explanation:

The argument for the infant industry protectionism suggests that the imposition of tariffs on imports gives a new industry in the country the required breathing space it requires to develop, grow, and be established before it can face competitive forces from outside, which imports imply.  Since newly formed industries often do not command the economies of scale and learning experience that their competitors from other countries may have, therefore, they need to be singularly shaded from external competition until they have achieved similar economies of scale and learning curve.  But, can they attain any competitive edge without learning from competitors?

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Last month Peggy Company had a $42,028 profit on sales of $331,200. Fixed costs are $83,828 a month. What sales revenue is neede
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Answer:

Break-even Sales revenue =$220,600

Explanation:

<em>B</em><em>reakeven point is the level of activity that equates the total cost to the total revenue.</em>

<em>At the break-even point the business makes no profit and no loss</em>.

Break-even point = Total fixed cost for the period / Contribution margin ratio

<em>Contribution margin = total contribution/ total sales</em>

<em>Contribution = Fixed cost + profit</em>

Contribution = $42,028 + $83,828

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<em>Contribution to sales ratio</em>

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Sometimes bonds currently sell for ghs 1,150. they have a 6.75% annual coupon rate and a 15-year maturity and are callable in 6
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The rate of return should an investor expect to earn if he or she purchases these bonds is 4.81%

<h3>What is rate of return?</h3>

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(complete solution in attached image)

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