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Chapter 2 Econ Flashcards | StudBud
Chapter 2 Econ
1 / 29
Which of the following is a feature of a command economy that distinguishes it from a socialist economy?
A
All economic decisions are based on custom and habit.
B
All production is manged by the government.
C
Some degree of private ownership and activity is allowed.
D
All economic decisions are made by the free market.
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