Which statement best describes a command economy?
A Technology remains limited to the use of simple tools.
B Trade is limited to only the bartering of goods and services.
C Farming, hunting, and gathering methods change little over time.
D The government sets prices of goods and services and distributes them.
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Answer:
I think the answer is option (d)
Explanation:
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Answer:
The government sets prices of goods and services and distributes them.
Explanation:
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
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