A centrally planned economy opposes individual choice in comparison to a market economy.
In a centrally planned economy, a government entity decides how resources within a society will be distributed. For example, in a perfect centrally planned society, all families with 4 members in the household would receive the exact same products.
However, in a market economy, individuals make decisions for themselves regarding what resources they want/need to purchase. This market economy is based more on the capital (money) that individuals possess.
Answer:
It is called <u>RIGHTS</u>.
Explanation:
They believed that these institutions only serve the
interests of the wealthy. The movement
was born out of the frustrations of the farmers who wanted reforms and their
interests promoted. They believed that
by forming this party that they could achieve those goals.
Answer: Republican Party
Explanation:
The Republican Party is focused onto those topics.
