Question

Planned economies rely heavily on ________ to make most economic decisions.

Question 8 options:

a) producers

b) corporations

c) the central government

d) consumers

Answer 1

Planned economies rely heavily on the central government to make most economic decisions. A planned economy is another way to describe a command economy. Resoures are allocated to where the government believes the investments are most needed. Since the government makes a lot of decisions within a planned or command economy, they rely heavily on the central government to help them make decisions.