The means of production are owned and operated by the state. All decisions regarding production and distribution are taken by the Central Planning Authority. It is otherwise called *
1 point
Capitalist Economy
Mixed Economy
socialist Economy
none of the above
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The means of production are owned and operated by the state. All decisions regarding production and distribution are taken by the Central Planning Authority. It is otherwise called *
1 point
Capitalist Economy
Mixed Economy
socialist Economy
none of the above
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