What is one advantage of a centrally planned economy?

1 answer:

6 0

A centrally planned economy is by definition an economy in which economic decisions are made by the government instead by the relationships between consumers and businesses. One advantage is that the state can maximize the land, labor, and capital to serve its goals. Answer then is A.

You might be interested in

Which religious group was the first to form an abolitionist group? Answer: Quakers

OverLord2011 [107]

Answer:

Except me ITs Quakersssssssssss

Explanation:

your welcome

8 0

2 years ago

Read 2 more answers

The excerpt below if from a speech by Senator Albert J. Beveridge to the US Senate on January 9, 1900.

Fantom [35]

Based on the excerpt and the speech in it, we can infer that the American imperialists saw the Philippines as a useful base for increasing American trade with East Asia.

The views of the American imperialists were that:

The Philippines were owned by the United States
The Philippines were to be used as a base to penetrate China and its markets

The American imperialists believed that the Philippines were theirs and that they had the right to use it as they pleased including as a means to reach the valuable markets of China and the rest of East Asia.

In conclusion, the imperialists viewed the Philippines as a gateway to the East.

Find out more at brainly.com/question/16384818.

3 0

2 years ago

A scientific theory is a statement that describes what scientists expect to happen every time under certain conditions.

lord [1]

This is TRUE...
A well-tested explanation for a wide range of observations or experimental results.

7 0

3 years ago

Read 2 more answers

How did William Shakespeare change literature?

liberstina [14]

Answer:

He developed new types of poetry like liambic penimater

Explanation:

a-b a-b c-d c-d c-d and os on

7 0

2 years ago

Read 2 more answers

CLOSER:

romanna [79]

Answer:

Environmental factors to the development of the global economy.

Explanation:

The industrial revolution changed the global economy from 170 to 1900 as it went through different stages of industrialization. The steam engine made it possible to take advantage of resources from fossil fuels, especially coal.

The need for raw materials for factories led colonies to export in exchange for manufacturing goods.

7 0

3 years ago