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shepuryov [24]
3 years ago
7

the government controls the prices of commodities and the way commodities are produced and consumed. what type of economic syste

m is that ?
Social Studies
1 answer:
Butoxors [25]3 years ago
5 0

Answer:

Command economies

Explanation:

Command economy  are economies that controls the production, means of production, product pricing, and decisions on what to produce based on the macroeconomic and political objectives.

Economic production is majorly controlled by the government in command economies. The ownership of public goods and services industries is taken up by the government and the government decides how items are to be produced and what is to be produced that in the government's opinion, benefits the people. The prices of produced goods are set by the government.

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4 years ago
Which of the following suggests that education generates a positive externality? Selected Answer: Better-educated people make th
Tcecarenko [31]

Answer:

Better-educated people make their coworkers more productive.

Explanation:

An external benefit or positive externality is a term that describes the benefit of an activity, that is given to a party that is not part of the actual activity. Hence, external benefit of education is the educational benefit given to a party, that is not actual part of the educational activity or process, such as making people around the educated individual to be productive or informative.

Hence, in this case, the external benefit of education is "Better -Educated people make their coworkers more productive", as those coworkers and the company at large, are benefiting from the educated individual.

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3 years ago
A main purpose of the president���s state of the union address is toa. identify major policy issues.
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4 years ago
Which country’s government did the colonists model their government after?
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<span>Great Britain
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3 years ago
In a gaming situation, a player encounters a character that brings up deep feelings of prejudice. To the player, the character s
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Option A. A way that the developer would be able to foster less prejudice would be to Include a great number of such characters to bring about further awareness and interaction.

<h3>What is prejudice?</h3>

This is the conception that people may have about others or things that may not actually be on the fact that they have encountered these things.

The developer has to create an environment where they would be able to interact.

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