Question

A country followed a command economy. Now, it plans to follow a capitalist economy. Which of these changes will occur in this country due to the change in the style of economy?

A. The government will take a more active role in protecting workers.
B. Businesses will be given more freedom to produce different goods.
C. Individuals will have their political rights restricted.
D. Unemployment rates will fall until they reach nearly zero percent.

Answer 1

PLEASE SOMEONE HELP ME

Answer 2

hey there @oscarG1

Answer 3

What do you think?

Answer 4

lol ur back @okdutchman7

Answer 5

Command economy, economic system in which the means of production are publicly owned and economic activity is controlled by a central authority that assigns quantitative production goals and allots raw materials to productive enterprises. In such a system, determining the proportion of total product used for investment rather than consumption becomes a centrally made political decision. After this decision has been made, the central planners work out the assortment of goods to be produced and the quotas for each enterprise. Consumers may influence the planners’ decisions indirectly if the planners take into consideration the surpluses and shortages that have developed in the market. The only direct choice made by consumers, however, is among the commodities already produced. http://www.britannica.com/topic/command-economy

Answer 6

Capitalism is an economic system based on private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system, and competitive markets.
https://en.wikipedia.org/wiki/Capitalism

Answer 7

now that u know what both are, what is ur choice :)

Answer 8

B. Businesses will be given more freedom to produce different goods.

Answer 9

i think u are correct

Answer 10

so the answer is b

Answer 11

That's correct! Good Job! @oscarG1

Answer 12

yes :)