801. What is the primary motive of businesses in a command economy?
A) To maximize profits through competition.
B) To fulfill the production targets set by the government.
C) To minimize government intervention.
D) To promote individual freedoms.
802. How does a command economy address unemployment?
A) By leaving unemployment to market forces.
B) By providing guaranteed employment through central planning.
C) By promoting permanent unemployment.
D) By relying on private businesses to address unemployment.
803. In a command economy, what is the government’s role in providing public goods and services?
A) The government plays a central role in providing public goods and services.
B) Public goods and services are solely provided by private individuals.
C) Public goods and services are determined by market forces.
D) The government has no role in providing public goods.
804. How does a command economy address innovation and technological advancement?
A) By promoting competition and private enterprise.
B) By directing resources toward technological development based on central planning.
C) By limiting technological progress.
D) By ignoring innovation.
805. What is the role of the legal system in a command economy?
A) The legal system has no role in a command economy.
B) The legal system enforces directives and decisions made by the government.
C) The legal system protects individual freedoms.
D) The legal system promotes competition.
806. How does a command economy address social welfare?
A) Social welfare is not a concern in a command economy.
B) The government provides social welfare programs based on central planning.
C) Social welfare is solely the responsibility of private individuals.
D) Social welfare is determined by market forces.
807. How does a command economy respond to economic crises and recessions?
A) By implementing market-oriented policies.
B) By adjusting production targets and resources based on central planning to address economic challenges.
C) By ignoring economic crises.
D) By relying on private individuals to address economic fluctuations.
808. How does a command economy impact individual freedoms?
A) It promotes complete individual freedoms.
B) It may limit individual freedoms, especially in economic decision-making.
C) It has no impact on individual freedoms.
D) It eliminates individual freedoms.
809. What is the impact of a command economy on entrepreneurship?
A) A command economy encourages entrepreneurship.
B) A command economy may limit entrepreneurship due to state control and central planning.
C) A command economy relies solely on government entrepreneurship.
D) A command economy has no impact on entrepreneurship.
810. How does a command economy address the issue of poverty?
A) By promoting poverty.
B) By implementing state-directed policies to alleviate poverty.
C) By ignoring poverty.
D) By relying on private individuals to address poverty.
Admin