Question

explain any two features of a command economy​

Answer 1

Answer:

characterstics : government is in control of pricing of food or service. the government makes all decisions for finance in the country, may even assign people the jobs

Answer 2

A command economy is where a central government makes all economic decisions. Either the government or a collective owns the land and the means of production. It doesn't rely on the laws of supply and demand that operate in a market economy. The resultant mixed economy better achieves its goals.

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