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2 votes
Which statements about command economic systems are false? Select all that apply.

(Multiple choice btw)
Prices are set by the government.
Supply and demand are the basis for economic decisions.
People's jobs are chosen by the government.
Businesses are driven by profit.

2 Answers

2 votes

Answer:

Supply and demand are the basis for economic decisions. And Businesses are driven by profit.

Step-by-step explanation:

Supply and demand are the basic for economic decisions= Market economy

Businesses driven my profit= Market economy

Also I just took the quiz and got this question right, isn't that the only explanation you need? Imao

User Severin
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4 votes

Answer:

It would be People's jobs are set by the government and businesses are driven by profit

Step-by-step explanation:

This is because command economy does not choose people's jobs, nor does it drive businesses by profit, that is done by the government

Hope this helps :D

User Ayo Akinyemi
by
4.3k points