Question 15
Which economic theory is often called command or planned economies ?

Centrally Planned Economy

Explanation: A centrally planned economy, also known as a command economy, is an economic system that is controlled through strong authority. The government will make economic decisions regarding the manufacturing and the distribution of products.

the answer is a. since they were a huge producer of cotton and wanted the most money for it.

states

explanation:

as the old saying goes, all politics are local. state and federal governments affect our daily lives in numerous ways. yet, in our federal system, there is supposed to be a balance between federal and state power. as james madison envisioned it in federalist no. 51, “the power surrendered by the people” would be “divided between two distinct governments,” creating a balance of power that would enable the “different governments [to] control each other.”