Which statement reflects an accurate argument in favor of a command economy? A) It ensures an increase in aggregate wealth.
B) It maximizes the potential of a business cycle.
C) It serves individual needs through profit motive.
D) It ensures continuous use of all available resources.

The command or centralized economy is one in which the factors of production are in the hands of the State. Therefore, the market loses its raison d'être as a mechanism for consigning resources. These manipulations are carried out through economic plans for several years (five-year plans), which specify in detail the supply, production methods, wages, investment in infrastructure.

Which statement reflects an accurate argument in favor of a command economy? A) It ensures an increase in aggregate wealth. B) It maximizes the potential of a business cycle. C) It serves individual needs through profit motive. D) It ensures continuous use of all available resources.

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Which statement reflects an accurate argument in favor of a command economy? A) It ensures an increase in aggregate wealth.
B) It maximizes the potential of a business cycle.
C) It serves individual needs through profit motive.
D) It ensures continuous use of all available resources.