In a command economy, establish(es) what will be produced and when, set(s) production goals, and make(s) rules for distribution. individuals and households only privately owned firms individuals, households and privately owned firms a centralized authority

What do you think is the most ideal and beneficial type of Market Structure? Why?

This question is based on the following definitions below. Pure Capitalism . Government does not regulate production Pure Communism . Government does not • Each individual works for his own success regulate production Each individual works for the good of all Democratic Socialism . Government owns basic industry System permits some private enterprise American Capitalism Individuals determine own Private enterprise has freedom means of production . Consumer has greater freedom • Individuals and consumers determine production . Government owns all means of production . Government controls all aspects of citizens economic lives Biologist Charles Darwin believed that the species that was best able to adapt would continue to exist-survival of the fittest. Under which of the following situations would his theory apply? A. Franklin Roosevelt's New Deal and government-funded work programs B. Dwight Eisenhower's policies of moderation in defense spending C. Teddy Roosevelt's progressivism and…

x = f(p) = 3000 - 2p² E(p) =