Which of the following is an example of capitalism existing within a command economy?
A.
closed market
B.
stock market
C.
black market
D.
open trade market


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer 1

Answer:

b

Explanation:

Answer 2

A closed market can be regarded as an example of capitalism within a command economy. Hence, option A holds true.

What is capitalism?

Capitalism is a form of economic governance wherein the major industries and sectors that contribute to the economic growth of a country are privately owned enterprises. There is no government involvement.

A command economy is where there is a command of one single authority over the administration of the entire economy. A closed market exists in such an economy as a form of capitalism.

Hence, option A holds true regarding capitalism.

Learn more about capitalism here:

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