A young worker has started working at a factory. She was assigned this job by the government and can't choose to quit. Sometimes, the factory is forced to shift production from cars to trains or airplanes, depending on what the government decides should be made.This young worker is most likely part of which economic system?A.Traditional economyB.Command economyC.Mixed economyD.Market economySUBMITarrow_backPREVIOUS
Question
A young worker has started working at a factory. She was assigned this job by the government and can't choose to quit. Sometimes, the factory is forced to shift production from cars to trains or airplanes, depending on what the government decides should be made.This young worker is most likely part of which economic system?A.Traditional economyB.Command economyC.Mixed economyD.Market economySUBMITarrow_backPREVIOUS
Solution
The young worker is most likely part of a Command economy. In a command economy, the government determines what goods should be produced, how much should be produced, and the price at which the goods will be offered for sale. The fact that the worker was assigned a job by the government and cannot quit, and the factory shifts production based on government decisions, are characteristics of a command economy. Therefore, the correct answer is B. Command economy.
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