Which of the following is NOT characteristic of a centrally planned economy?
1)The central government owns all land and capital.
2)The central government makes all economic decisions.
3)Each collective or factory sets its own goals.
4)Each person is assigned a job.
Each collective or factory sets its own goals. - is NOT characteristic of a centrally planned economy.
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Asked 2/8/2012 11:17:00 AM
Updated 9/7/2018 3:16:41 PM
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Edited by
Masamune [9/7/2018 3:16:40 PM], Confirmed by
Masamune [9/7/2018 3:16:41 PM]
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