Which of the following statements BEST summarizes the risks and benefits of transitioning from a command economy to a market economy? i. Countries may risk having more products …

asked Dec 15, 2019 233k views

Which of the following statements BEST summarizes the risks and benefits of transitioning from a command economy to a market economy?

i. Countries may risk having more products available, but may benefit by having guaranteed employment and services.
ii. Countries may risk having political instability, but may benefit by having greater government regulation.
iii. Countries may risk losing economic growth, but may benefit by having greater government regulation.
iv. Countries may risk losing guaranteed employment, but may benefit by experiencing economic growth.
A.
statement i
B.
statement ii
C.
statement iii
D.
statement iv