Supporters of command economies (such as socialists and communists) claim that firms in market economies do not produce the goods and services wanted by the poor because a. governments in market economies do not care about the poor
b. firms are run by rich people who do not care about the poor
c. education in market economy nations does not teach about what people need
d. firms produce only what people with money want and need

D. firms produce only what people with money want and need

Explanation:

A command economy is characterized by government control of the means of production. It is the government that decides what to produce, how much to produce, and the marketing price. This is the opposite of a market economy, where the government acts only as a regulator of private enterprise, which is free to decide what to produce, to whom to produce, and to set prices.

Advocates of the command economy argue that it is the state's role to produce for everyone, including the poorest. They criticize the production of private enterprise because it acts on the logic of profit, that is, entrepreneurs produce only for those who have money to buy, indirectly isolating the poorest.

terms in this set (38) portuguese explorer. in 1497-1498 he led the first naval expedition from europe to sail to india, opening an important commercial sea route.(sailed around africa to india).portuguese navigator who sailed around the cape of good hope and reached the west coast of india in search of spices.

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