The government tells your factory that it has a five-year plan to make iron   1. What kind of economic system is this talking about?   2. It is four years into your plan and your factory will fall short on it’s goal. What could you do to catch up in the last year?

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter2: Economic Systems And The American Economy
Section: Chapter Questions
Problem 2AA
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The government tells your factory that it has a five-year plan to make iron

 

  • 1. What kind of economic system is this talking about?

 

  • 2. It is four years into your plan and your factory will fall short on it’s goal. What could you do to catch up in the last year?
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