A command economy typically has:
- The demand and the supply controlled by the government.
- Prices that are artificially controlled.
- Resource allocation is determined by macroeconomic considerations, as opposed to those of small firms or business owners.
The most famous example was that of the former Soviet Union.
Answer:
A.
Explanation:
Local citizen's have the power to elect a president.
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The European Union is set up with the aim of ending the frequent and bloody wars between neighbours, which culminated in the Second World War. As of 1950, the European Coal and Steel Community begins to unite European countries economically and politically in order to secure lasting peace.
Answer:
Edmund J Randolph had a significant impact on the new constitution as he was the creator and introducer of the Virginia Plan (strong central government), in addition, he was the first to propose having the legislative branch to have two different branches. The Senate and the House of Representatives.