subject
History, 21.08.2019 10:00 troyjbabyjohnson

Command economies, as in the former soviet union, often have terrible shortages of common consumer goods like bathroom tissue. how do market economies usually avoid such terrible shortages? in command economies, incompetent leaders make foolish decisions while market economies have smarter leaders command economies plan their production so that there will be some shortages. in market economies, consumers learn not to want things that are not supplied, so there can never be a real shortage in a market economy. in market economiesshortages push prices up leading to a greaterquantity supplied

ansver
Answers: 1

Another question on History

question
History, 22.06.2019 00:30
The 15th amendment to the u.s. constitution, ratified in 1870, deals with what issue? a. prohibition of alcohol b. voting c. declaring war d. free speech
Answers: 2
question
History, 22.06.2019 02:00
Who memorized the design for the water frame in order to smuggle the plans to the united states? a) james hargreaves b) edward cartwright c) samuel slater d) richard arkwright
Answers: 3
question
History, 22.06.2019 02:30
Which statement best describes standard oil in the late 1800s? standard oil controlled only a small number of the nation’s oil refineries. standard oil was a single business that operated in a small region. standard oil controlled only the means and methods of oil production. standard oil owned ninety percent of all oil refineries in the united states.
Answers: 1
question
History, 22.06.2019 07:10
Indian scholars invented all of the following that we use today except .
Answers: 1
You know the right answer?
Command economies, as in the former soviet union, often have terrible shortages of common consumer g...
Questions
question
Mathematics, 16.09.2021 14:40
question
Mathematics, 16.09.2021 14:40
question
History, 16.09.2021 14:40
question
English, 16.09.2021 14:40
Questions on the website: 13722363