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Consider this description of a person living during the 1930s: I work in a factory run by the government. We are required to only produce goods authorized by the government, and we must produce them in the amounts they specify as well. We have few freedoms in our country, but our command economy has saved us from most of the hardships suffered in other countries due to the Great Depression. Where does this person most likely live?

Respuesta :

Answer: Most likely in a communist country, my first thought that came to mind was the Soviet Union.

Explanation: Communist governments control many things like produce, businesses, and even the people. Also, they did not take a big hit from the Great Depression due to having a communist government (stable, controlled, no individual businsses allowed, etc).

The person would be most likely to live in a soviet union as its economy operates on the state-owned structure.

The Soviet Union works on the basis of an administrative-command system. It means the production units and prices either in manufacturing or agricultural products, are controlled by the governing authorities.

Thus, it has public ownership where the investments and natural resources are under government authority in order to maintain stability and security in the economic structure.

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