In a command economy like the old Soviet Union, one is able to improve one's lot and get ahead in society largely through
A) entrepreneurship and risk-taking.
B) innovation and proﬁts.
C) participating in the political hierarchy.
D) getting high prices for one's products and resources.

Question

Quizplus · Accepted Answer

In a command economy like the old Soviet Union, the means of production are owned and controlled by the state. This means that entrepreneurship, innovation, and proﬁts are not encouraged or rewarded. Instead, the way to improve one's lot and get ahead in society is through participating in the political hierarchy and gaining favor with those in power. This often involves joining the Communist Party and working in a government or state-owned enterprise, where promotions and opportunities are often based on loyalty to the party rather than merit or performance.

In a Command Economy Like the Old Soviet Union, One