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What is one way a command economy affects the lives of private citizens

User Fallon
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Producers and consumers make some economic choices while the government makes others
User Kristiaan
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Answer:

citizens cannot make most economics decisions

Step-by-step explanation:

Command economics, also called centralized economics, is an economic model that defends state control over the economy. This model became known after its application for over 70 years in the extinct Soviet Union.

In the command economy, most companies operating in the economy are state-owned, ie, state-owned. Unlike in the market economy, the law of supply and demand does not dictate the laws of commerce, the government makes the decisions. Thus, a product that is in short supply does not suffer from the increase, and likewise, a product that is accumulated does not suffer reduction.

Because the command economy allows the government to control all economic decisions in the country, it affects the lives of private citizens because citizens cannot make most economic decisions.

User Jack Pan
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