Question

In which type of economy does the government decide all or most economic questions? (4

Command
O Mixed
Market
O Traditional

Answer 1

A command economy is one in which the government decides all or most economic questions, including what goods and services will be produced, how they will be produced, and who will receive them.

Step-by-step explanation:

In a command economy, the government holds all or most control over economic decisions. It determines what goods and services will be produced, how they will be produced, and who will receive them. Command economies are characterized by central planning and government ownership of resources and industries. Examples of command economies include North Korea and Cuba.

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