which of the following describes a command economy? * 1 point justin is put in jail for arson when he burned…

which of the following describes a command economy? * 1 point justin is put in jail for arson when he burned down the school josiah notices a lot of people in his neighborhood have dogs so he decides to start a dog walking business kevin grows up in a small village and becomes a fisherman just like his father and grandfather the leader of your country decides haley will become a coal miner what is an example of how a household and a product market might interact * 1 point sony sells a new shipment of ps5s to gamestop to be sold in their stores orlando goes to work at camp bow wow and is paid biweekly for his labor micah goes to meijer and buys 84 pineapples sarai pays her taxes because she is afraid of going to jail for tax fraud
Answer
Brief Explanations:
- A command economy is one where the government makes major economic decisions. In the given options, the leader of the country deciding Haley's occupation is an example of government - directed economic activity.
- Interaction between a household and a product market occurs when a household purchases goods from the market. Micah buying pineapples from Meijer represents such an interaction.
Answer:
- The leader of your country decides Haley will become a coal miner
- Micah goes to Meijer and buys 84 pineapples