Question

multiple choice
05:10
which of the following is a disadvantage of a command economy?
this question is worth 10 point(s)
lack of motivation for innovation
high levels of competition
overreliance on consumer demand
too many private businesses

Explanation:

In a command economy, central authorities control production and resource allocation. There is no incentive for individuals or entities to innovate, as rewards for new ideas are not tied to market success. High competition, overreliance on consumer demand, and abundant private businesses are characteristics of market economies, not command economies.

Answer:

A. Lack of motivation for innovation