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QUESTION IMAGE

which factor plays the biggest role in motivating economic decisions in…

Question

which factor plays the biggest role in motivating economic decisions in a command economy?
a. a desire to maximize individual profits
b. a commitment to a traditional way of living
c. an interest in promoting the common good
d. a belief in the power of international cooperation

Explanation:

Brief Explanations

In a command economy, the government makes economic decisions. The focus is on the overall well - being of society rather than individual profit maximization. Traditional ways of living are more relevant in traditional economies, and international cooperation is not the main driver of economic decisions. The government aims to promote the common good by allocating resources, setting production targets, etc.

Answer:

C. An interest in promoting the common good