I think the answer to your question is C
Answer:
The economic system in question is the command economic system.
Explanation:
There are multiple different types of economic systems across the world, and of them is the command economic system. This economic system is typical for communist societies. It has reached its peak in popularity during the second half of the 20th century, but since the 1990's it has experienced a sharp decline and is now practiced in much fewer countries.
The command economy is an economic system that is fully controlled by the government. The government owns all of the resources and facilities. It is making plans for how much, what, when, and at what price goods will be produced. People have very limited choices and often lack certain goods that are very important.
The circumference of the Earth depends on how it is measured. When it is measured around the equator, it is 40,075 km (approximately, 24,901 miles), whereas, if it measured from the north pole to the south pole it is 40,008 km (approximately, 24,860 miles).
Answer:
(B) the production possibilities curves of such nations have shifted inward.
Explanation:
- As the inwards shift of the PPF curves represents a decline or fall in the nations supply-side or the productivity capacity and is due to the factors like the national disaster ad the conditions like the drought and overgrazing have thus create a dessert conditions and it destroys the buildup capital and causes a potential loss of the life.