Question

What are the features of Planned Economy

Answer 1

Answer:

Features:

• All resources are owned and managed by the government.
• There is no Consumer or producer sovereignty.
• The market forces are not allowed to set the price of the goods and services.
• Profit in not the main objective, instead the government aims to provide goods and services to everybody.

Answer 2

Answer:

Features:

Features:All resources are owned and managed by the government.

Features:All resources are owned and managed by the government.There is no Consumer or producer sovereignty.

Features:All resources are owned and managed by the government.There is no Consumer or producer sovereignty.The market forces are not allowed to set the price of the goods and services.

Features:All resources are owned and managed by the government.There is no Consumer or producer sovereignty.The market forces are not allowed to set the price of the goods and services.Profit in not the main objective, instead the government aims to provide goods and services to everybody.

hope it's help you!!!!!

follow me!!!!!