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ECON 2.1-2.4 Quiz Review Flashcards | StudBud
ECON 2.1-2.4 Quiz Review
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What is one of the major disadvantages of a centrally planned economy?
A
Itplaces individual freedoms above the pursuit of societal goals
B
Itfocuses on rewarding innovation instead of guaranteeing jobs and income
C
It lacks the capacity to produce factory goods because resources are scarce
D
It doesnt allow producer of good and service to respond to consumer signals
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