Answered

Which of the following statements describes the command economy of the Soviet Union?

A. The government allowed private businesses to produce goods and services demanded by the market.
B. The government decided what goods and services would be produced and supplied to the market.
C. The government allowed workers to own the means of production.
D. The government ensured high wages for workers.



Answer :

GinnyAnswer

Final answer:

The Soviet Union's command economy allowed the state to control production and distribution decisions, impacting its economic efficiency.


Explanation:

In a command economy, the government decides what goods and services will be produced and what prices it will charge for them. The government provides many necessities like healthcare and education for free.

The Soviet Union operated under a command economy, where the state made economic decisions, including planning industrial production and distribution of goods.

The efficiency of free-enterprise capitalism was underestimated by the Soviets, leading to challenges in their socialist system.


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