Questions: Multiple Choice Question
Who owns most property resources in a command system?
Firms
Government
Society
Individuals
Transcript text: Multiple Choice Question
Who owns most property resources in a command system?
Firms
Government
Society
Individuals
Solution
Answer
The answer is Government
Explanation
Option 1: Firms
In a command system, firms do not own most property resources. Instead, they operate under the directives and regulations set by the government.
Option 2: Government
In a command system, the government owns and controls most property resources. This centralized control allows the government to direct economic activity and allocate resources according to a planned economy.
Option 3: Society
While society as a whole may benefit from the allocation of resources in a command system, it is the government that owns and manages these resources.
Option 4: Individuals
In a command system, individuals do not own most property resources. Private ownership is limited, and the government holds the majority of property resources to ensure centralized control and planning.