This economic system is characterized by a high-level of government involvement. Workers had no or little choice over what jobs they wanted to work; they were assigned jobs by the government which controlled nearly every aspect of the economy. There is no competition between producers; there is no incentive for workers to do a better job for better pay. Often times there are severe shortages and products are often very low quality.
What is this economic system?
A) Nazism
B) Darwinism
C) Communism
D) Free Market
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d free market
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