Characteristic of command system

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Reference no: EM13859460

1. Which of the follow is a characteristic of a command system?

a) a dictator or group of central planners

b) Independ decisions of individuals in the market place

c) Production goals or targets are transmitted from the top authorities to the individual producing units

2. True or False: Every country can be categorized as using either the command system or market system to coordinate its economic activities

Reference no: EM13859460

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