Command Economies Review

Command economies are run by

• a president

• a central power

• the people

Tags

CCSS.RI.6.2

Who controls how to use resources in a command economy?

• government

• people

• president

Which thing is NOT controlled by the government in a command economy?

• distributing resources

• prices and wages

• decisions

• happiness of citizens

What kinds of government might have a command economy?

• democracy

• free economy

• communist

• limited democracy

Which of the following two ways does government control vary in command economies?

• A new leader comes with a new idea

• A new leader has the same ideas as the previous one

• Countries all have the same resources and needs

• Countries have different resources and needs

In a free market economy, supply and demand decides how many things we need, buy, and make. In a command economy, what replaces supply and demand?

• government decisions

• private property

• shared housing

• communism

Tags

CCSS.RI.6.2

TRUE or FALSE: A pure market economy will always work.

• True

• False

Tags

CCSS.RI.6.8

Advantage of a Command Economy

• people know what to do and where to work

• slow decision making

• reduce personal freedom

Disadvantage of a Command Economy

• supports needs but not wants

• emergencies can be quickly fixed

Advantage of a command economy

• may misjudge what is needed and end up with useless goods

• people have employment security

Tags

CCSS.RI.6.2