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    Exam 2: Scarcity, Trade-Offs, and Production Possibilities
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    What Is the Term for a System of Economic Organization
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What Is the Term for a System of Economic Organization

Question 124

Question 124

Multiple Choice

What is the term for a system of economic organization in which the ownership and control of productive capital assets rests with the state, and resources are allocated through central planning and political decision making?


A) a command economy
B) a market economy
C) a corporate economy
D) a capitalist economy

Correct Answer:

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