Economy, asked by bunny5062, 8 months ago

which statement best describes a command economy

Answers

Answered by Anonymous
35

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.

Answered by nightwing51
0

Answer:

The government owns resources and sets prices for goods and services

Explanation:

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