Scenario: Learning the American Way

Multiple Choice

Scenario: Learning the American Way
Sergei Chernovl is a Russian exchange student. To learn more about how a market economy functions, Sergei is writing a research paper comparing business in Russia with business in the United States.
-Sergei recognizes that all of the following were reasons why central planning failed EXCEPT the failure to ________.

A) create economic value
B) provide incentives
C) control rampant economic growth
D) satisfy consumer needs