menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Understanding Canadian Business Study Set 1
  4. Exam
    Exam 2: How Economic Issues Affect Business
  5. Question
    In the Small Nation of Equalia,the Government Owns All of the Key
Solved

In the Small Nation of Equalia,the Government Owns All of the Key

Question 147

Question 147

True/False

In the small nation of Equalia,the government owns all of the key businesses.There are severe shortages of many key items,such as food.These features of Equalia's economy are consistent with a communist economic system.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q79: One drawback of socialism is that it

Q142: The primary difference between macroeconomics and microeconomics

Q143: Fatma is a citizen of a country

Q144: Followers of Malthus today believe that there

Q146: According to Adam Smith,the best way for

Q148: is a condition in which the rate

Q149: An oligopoly is a market that is

Q151: Kathleen manages a manufacturing plant for ScanRite,Inc.

Q152: Some communist countries have not allowed their

Q229: In capitalist countries, the government decides what

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines