Questions: Multiple Choice Question Who owns most property resources in a command system? Firms Government Society Individuals

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
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Solution

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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.

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