Shunkapp123 Shunkapp123
  • 09-01-2019
  • Social Studies
contestada

Economic system based on equity and in which the government decides what gets made and sets prices is called what?

Respuesta :

reurisoneco
reurisoneco reurisoneco
  • 10-10-2019

Answer:

Socialism

Explanation:

Socialism is based on the equal distribution of goods among the individuals of society. Thus, the means of production (machinery, equipment) belong to the state that evaluates what should be produced in the economy. Thus, the government controls the prices that must remain in the market, this happens through the central planning carried out by the government itself.

Answer Link

Otras preguntas

Help me factor the trinomial completely-r^2+6r-9
Human evolution - comparing primates
How does the tilt of Earth's axis affect how the sun's rays strike Earth?
Was achiles the best warrior in greece?
2 Sqrt5  + 3 sqrt8 equals ?
The tail on Alex's dog is 51/4 inches long. This length is between which two inch-Marks on a ruler
19 inches = how many feet
Are there more adults(18 or over) than kids in this world?
a meter is one thousandth of a kilometer . write an equation to show the relationship between 962 meters and 0.962 kilometers
Which sentence does not contain any punctuation errors?  A.On my list I have three names: Welsh, Bob, Parker, Mandy; and Rosen, Michael.  B.On my list I have th