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In which economic system does the government control all economic desitions?

User Jeet
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Answer: Command economy

Explanation: In a command economy, the government owns and controls all resources, decides what goods and services are produced, sets prices, and allocates resources and production. This type of economic system is typically associated with communist or socialist political systems, where the goal is to eliminate economic inequality and ensure that resources are distributed equally among all members of society. However, command economies have been criticized for being inefficient and often failing to meet the needs and want of consumers.

User Mogoli
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