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Which of the following best describes a command economy (in context)? A) An economy with laissez-faire government intervention B) An economy with a centralized authority dictating economic factors C) An
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31 votes
31 votes
Which of the following best describes a command economy (in context)?

A) An economy with laissez-faire government intervention
B) An economy with a centralized authority dictating economic factors
C) An economy with zero government intervention
D) An economy with the monarchies making all final decisions

User Jonathan DeCarlo
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1 Answer

16 votes
16 votes

Answer:

In a command economy, the central government dictates the level of production of goods and controls their distribution and prices.

Step-by-step explanation:

User Aousaf Rashid
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