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Question
a country experiences shortages and slow delivery of basic goods because production targets are set far in advance and adjusted infrequently. which economic system most likely explains this outcome? traditional economy with barter networks command economy with planned distribution free enterprise with profit incentives mixed market with flexible pricing
A command economy has planned distribution and production targets set far in advance with infrequent adjustments. This rigidity can lead to shortages and slow delivery as changes in demand or supply aren't quickly addressed, unlike free - enterprise (responds to market signals), traditional (relies on barter networks, less structured for large - scale production), or mixed (has market - based flexibility) economies.
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B. Command economy with planned distribution