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1.The weakness of the command economy included _____ . I. workers lack of monetary incentive to work II. firms became too focus on improving the

1.The weakness of the command economy included _____ .

I. workers lack of monetary incentive to work

II. firms became too focus on improving the quality of the product and unable to meet the production quota

III. always shortage of consumer goods. Rationing and long queuing for shopping were common and black market rampant

IV. Firms had no authority nor incentive to innovate and to improve the quality of the product to meet the consumer's needs.

Select one:

A.I, III and IV

B.I and III

C.I and II

D.I, II, III and IV

2.Which of the followings are the problems of the rural communes and industrialization in China in 1950s?

I.The agricultural output decision was controlled by the government which in general in favor of grain over cash crop.

II. A lot of farmers received a low price for their agricultural products sold to the government, and paid a high price for buying the industrial products. This forced saving from the rural sectors to finance the country's industrialization policy.

III. Government subsidized too much. Farmers sold their output to the government at a very high, state-fixed prices.

IV. China lacked the technology invented by the Western countries.

Select one:

A.I and II

B.I, II and III

C.I, II, III and IV

D.I only.

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