Proponents of command economies and free market economies differ greatly in their theories of the government's role within the economy. In a command economy, the government owns all property and controls industry. In a free market, property and industry are privately owned. Historically, as they have occurred in practice, free market economies
A.
have increased the level of material wealth only for the people who were already wealthy
B.
have led to a decrease in the income gap between the workers and owners of businesses.
C.
have allowed businesses to exploit their workforce in order to maximize profits.
D.
have encouraged the natural growth of industry, leading to an increase in the standard of living.
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President reagan supported economics tax proposals. a. keynesian b. federal c. supply-side d. demand-side
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Proponents of command economies and free market economies differ greatly in their theories of the go...
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