QUESTION IMAGE
Question
when compared to a mixed - market economy, a command economy typically has
more private ownership.
more government control over production.
strong consumer - buying power.
a greater chance for a high income.
Brief Explanations
To solve this, we analyze each option:
- "more private ownership": In a command economy, the government owns most means of production, while a mixed - market economy has more private ownership. So this is incorrect.
- "more government control over production": A command economy is centrally planned, with the government making decisions about production. A mixed - market economy has a combination of government and private control, with less overall government control over production than a command economy. This is correct.
- "strong consumer - buying power": Command economies often have shortages and less consumer choice, so consumer - buying power is not strong. Mixed - market economies, with more market - driven elements, tend to have stronger consumer - buying power. So this is incorrect.
- "a greater chance for a high income": Mixed - market economies, with more opportunities for entrepreneurship and private investment, tend to have more chances for high income. Command economies have more equal but often lower - income distributions. So this is incorrect.
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B. more government control over production.