menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics For Today Study Set 3
  4. Exam
    Exam 16: Economies in Transition
  5. Question
    The Economic System That Answers the What, How and for Whom
Solved

The Economic System That Answers the What, How and for Whom

Question 83

Question 83

Multiple Choice

The economic system that answers the What, How and For Whom questions the way they have always been answered is a:


A) market economy.
B) command economy
C) soviet economy.
D) traditional economy.

Correct Answer:

verifed

Verified

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

Related Questions

Q4: Proponents of a command economy argue that

Q27: Describe the differences between capitalism and socialism.

Q78: Under socialism, no markets can operate at

Q80: A traditional system solves basic economic questions

Q82: The term "capitalism" refers to which of

Q84: A principal feature of a command economy

Q85: An economic system is the organizations and

Q86: Which of the following is not an

Q87: Karl Marx predicted that the exploitation of

Q88: Most of the world's economies are mixed

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