Question

Country A

Country B
Property Rights
Private property is illegal
Private property is encouraged
Production
Driven by quotas
Driven by profits
Stability
Jobs remain stable, economy fails to grow
Jobs may be gained or lost, economy could grow or shrink rapidly
Trade

Heavy restrictions on trade with neighbors
Open trade with many neighbors


Read the information above about two countries, Country A and Country B. Which of the two countries shows signs of having a command economy? Explain your answer.

Answer 1

Answer: Country A

Explanation: Because they are not allowed to own private property because of the government and a command economy is where the government owns everything.