e the source below to answer the following question. onomic decision making is decentralized in a a free market e s distinction has become blurred by the trend in free market ect one:
e the source below to answer the following question. onomic decision making is decentralized in a a free market e s distinction has become blurred by the trend in free market ect one:
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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typed answer and correct answer please. I will rate
Transcribed Image Text:Use the source below to answer the following question.
Economic decision making is decentralized in a a free market economy and centralized in a command economy.
This distinction has become blurred by the trend in free market economies towards
Select one:
a. increasing competiton for production in the global economy
b. increased government intervention in the economies of most liberal democracies
Oc increasingly concentrated ownership of the means of production by large corporations
Od greater diversification of ownership by the shareholders of multinationals
Clear my choice
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