202k views
4 votes
An economy in which a central authority draws up a plan that establishes what will be produced and​ when, sets production​ goals, and makes rules for distribution is a

a. ​laissez-faire economy.
b. command economy.
c. ​public-goods economy.
d. ​free-market economy.

User Ofer Zelig
by
6.8k points

1 Answer

4 votes
A laissez-faire economy is one where there is no interference within the government, so that's not correct.

There's no such thing as a public-goods economy (according to google at least), but public goods are things that the government provides for the most part. It's accessible by everyone.

A free-market economy is where the government has little to no control, similar to a ​laissez-faire economy, so that's not right.

Your question is literally the definition of a command economy, so that's right!
User Burt
by
6.9k points