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Title: Which of the following is correct with regard to the issue of different economic systems?
Post by: jjolivette on Oct 8, 2017
Which of the following is correct with regard to the issue of different economic systems?
A) In recent years, more and more countries have rejected communism and embraced more market-based economies.
B) There is a general consensus that command economies are more efficient than market economies because a centralized government can consider a wider range of economic factors when decisions are made.
C) A GlobeScan poll of 20 000 people in 20 different countries showed that support for a free market economy was most pronounced in Singapore.
D) Socialism is the most extensive command economic system because government owns all the major industries.
E) All of these are correct.


Title: Re: Which of the following is correct with regard to the issue of different economic systems?
Post by: Caven on Oct 8, 2017
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