A failure to use resources properly and a shortage of well-made goods
, are the right options.
Those nations of Eastern Europe that were allied with and were under the influence of the Soviet Union throughout the Cold War were known as the Satellite States. Poland, Hungary, Bulgaria, Rumania, East Germany and Czechoslovakia are some of the examples of Satellite States.
A command economy is a kind of economy in which all the factors of economies (such as production, investment, incomes and prices are determined by the government. The two effects of the command economy on the Satellite State can be seen in a failure to use resources properly and a shortage of well-made goods.
The Fordney-McCumber Tariff Act raised tariffs above the level set in 1913; it also authorized the president to raise or lower a given tariff rate by 50% in order to even out foreign and domestic production costs
