Two traditional economies are trying to industrialize. The leaders of the first favor a command economic system. The leaders of the second want to try more free market-based policies. Which of the following actions would likely occur in one but not the other industrializing economy?

Conversion of farmland from agriculture to industry
Export of surplus goods not consumed locally
Investment in loans to support independent start-ups
Payment of workforce based on units of production

Question

Two traditional economies are trying to industrialize. The leaders of the first favor a command economic system. The leaders of the second want to try more free market-based policies. Which of the following actions would likely occur in one but not the other industrializing economy?

 Conversion of farmland from agriculture to industry
 Export of surplus goods not consumed locally
 Investment in loans to support independent start-ups
 Payment of workforce based on units of production

anonymous · Answer

Giving medals