26 April, 10:31

Which of the following is not true of centrally planned economies?

a. Workers do not have job security because their boss can decide to lay them off at any time.

b. Consumers' wants and needs are generally not met because of diminished production.

c. Workers lack incentives to be innovative because they will not be rewarded for this work as their

wages are set.

d. Individual freedoms are sacrificed for societal goals.

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