Answer:
A)government planning to command the economy
Explanation:
The Marxist economy is based on one of the Karl Marx principles that affirmed that, in the production of goods and services, the capitalists are only out there to enrich themselves rather than compensate the workers for the value they produced.
Hence, he argued against the private sector or private ownership but favors the means of production to be controlled by the working class or government ownership.
Therefore, in this case, the correct answer is option A. government planning to command the economy
North America
is the most related terms
A monopolistically competitive market is, by definition, constituted by a large number of firms that compete producing diferenced versions of a product. Such companies are not price-takers and they hold certain degree of power market and of control over the pricing decisions.
However, in a market that comprises so many actors in its supply side, the market power is splitted in many small units and the amount exercised by each is not very strong. Firms operating in this market structure do not have enough power to affect their rivals through their internal decisions and also not enough power to affect potential competitors and to prevent their entrance. They cannot set entry barriers to prevent the entrance of new companies in the market.
It would me an <em>imagined political community</em>. Because, of these reasons.
Nation
- A people or group that shares a common history, language, religion or other cultural elements
- Establishes a nationality or " an imagined political community"
- Can promote nationalism
*Notes taken from Lesson :)
