What is prohibited in a command economy? CHECK ALL THAT APPLY. a) the control of prices and income levels b) the rationing of manufactured goods c) the personal ownership of property d) the influence of consumer demand e) the intervention of the government

A

Correct answer is: the personal ownership of property.

Explanation:

Command economy can be identified as the system in which the government makes all decisions related to the economy. For instance, the types of produced goods, their volume, and level are under the government’s regulation. The goal of a command economy is to ensure that governments hold control as opposed to private enterprises.

The examples of governments that can be characterized by command economies are the former Soviet Union, Cuba, and North Korea. This type of economy can be considered socialist while the planned economy is typical for capitalism. You can find more information about the characteristics of a command economy below. As the government is the authority, the personal ownership of property is prohibited.

Command economy definition.
Command economy (Source: https://legaldictionary.net)
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Academic.Tips. (2020, April 2). What is prohibited in a command economy? CHECK ALL THAT APPLY. a) the control of prices and income levels b) the rationing of manufactured goods c) the personal ownership of property d) the influence of consumer demand e) the intervention of the government. Retrieved from https://academic.tips/question/what-is-prohibited-in-a-command-economy/

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Academic.Tips. 2020. "What is prohibited in a command economy? CHECK ALL THAT APPLY. a) the control of prices and income levels b) the rationing of manufactured goods c) the personal ownership of property d) the influence of consumer demand e) the intervention of the government." April 2, 2020. https://academic.tips/question/what-is-prohibited-in-a-command-economy/.

1. Academic.Tips. "What is prohibited in a command economy? CHECK ALL THAT APPLY. a) the control of prices and income levels b) the rationing of manufactured goods c) the personal ownership of property d) the influence of consumer demand e) the intervention of the government." April 2, 2020. https://academic.tips/question/what-is-prohibited-in-a-command-economy/.


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Academic.Tips. "What is prohibited in a command economy? CHECK ALL THAT APPLY. a) the control of prices and income levels b) the rationing of manufactured goods c) the personal ownership of property d) the influence of consumer demand e) the intervention of the government." April 2, 2020. https://academic.tips/question/what-is-prohibited-in-a-command-economy/.

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"What is prohibited in a command economy? CHECK ALL THAT APPLY. a) the control of prices and income levels b) the rationing of manufactured goods c) the personal ownership of property d) the influence of consumer demand e) the intervention of the government." Academic.Tips, 2 Apr. 2020, academic.tips/question/what-is-prohibited-in-a-command-economy/.

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