Question

All of these are found in a command economy EXEPT..

A) minimum wage
B) environmental controls
C) ownership of corporate stock
D) government regulation of the economy

Answer 1

C) ownership of corporate stock

Step-by-step explanation:

In a command economy, the central authority or central government control and owns the factors of production in the country. The government makes all the important decisions in the economy. All production, distribution, and allocation of resources is done by the government or its agencies.

The government determines the goods be produced, their quantity, and prices. The private sector does not participate in economic activities. Therefore, ownership of corporate stock is not possible.