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Henry lives in a country where the government gives many incentives to produce military goods and few incentives to produce consumer goods. Henry knows a more efficient way to finish his task at work and feels like sharing it with his boss. However, he has no incentive to share it. Which type of economy does Henry most likely live in?

User Taras
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2 Answers

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C) mixed economy. Hope this helps
User Majoren
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Answer:

The correct answer is: Command Economy.

Step-by-step explanation:

A Command Economy is one where the government controls the economy, acting as a central planner, dictating production quotas and distribution levels, and setting prices. Such economies exist in communist or socialist states as China, North Korea, or the former Soviet Union. These economies have low to none incentives for individual planners and government workers.

User Rishabh Sharma
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