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Economics
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23 Nov 2019

The Soviet Union economy of the 1980s would best be classified

a. a market system

b. pure capitalism

c. laissez-faire capitalism

d. a command system

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Sixta Kovacek
Sixta KovacekLv2
29 Mar 2019
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Related questions

Define  laissez-faire economy.

Whcih of the following statements is true?

a.The Doctrine of laissez-faire advocates an economic system with extensive government intervention and little individual decision making.

b. In capitalism, income is distributed on the basis of need

c. Adam Smith was the father of socialism

d. Most real world systems are mixed economic systems.

 

 

Which of the following describes the economic system in the United States?
 
A. Pure Command Economy
B. Mixed Economy
C. Laissez-faire economy
D. Socialism

Which of the following is a correct statement about a mixed economy?

A. It promotes laissez faire with no government intervention

B. Income is distributed on the basis of need

C. Adam Smith proposed mixed economy

D. It has features of both capitalism and socialism

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