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Which of the following is an assumption of command economies?

A. The means of production will be privately owned.
B. Wealth and resources will be equally distributed.
C. The government's economic role will be minimal.
D. Transactions will be voluntary on both the part of the buyer and the seller.

User KIDdAe
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2 Answers

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Final answer:

The assumption of command economies is that the government will decide the production, distribution, and pricing of goods and services, which often aims for equal distribution of wealth and resources.

Step-by-step explanation:

The assumption of command economies is that the government plays a central role in the economic system. Unlike market economies where the means of production are owned privately and transactions are voluntary, in a command economy, the government makes decisions about what goods and services will be produced, the methods of production, and the prices of goods and services, and it sets wages for workers.

It often results in an attempt for a more equal distribution of wealth and resources. Therefore, the assumption that best fits is that wealth and resources will be equally distributed.

User Machet
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2 votes

Answer:b

Step-by-step explanation:

User Bluevoxel
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