The term that best describes the type of government in which power to rule is held by a small, usually self appointed elite is called an oligarchy. The correct answer is B.
Answer:
A.) The interaction of supply and demand set prices in a market economy, while the government sets prices in a command economy.
Explanation:
Communism, also known as a command system, is an economic system where the government owns most of the factors of production and decides the allocation of resources and what products and services will be provided. The most important originators of communist doctrine were Karl Marx and Frederick Engels.
Answer:
Mesopotamia, Ancient Egypt, Ancient India, and Ancient China are believed to be the earliest in the Old World. The extent to which there was significant influence between the early civilizations of the Near East and the Indus Valley with the Chinese civilization of East Asia (Far East) is disputed.