Question

A command economy tends to exist under a democratic government that provides little regulation. socialist government that provides some regulation. representative government that provides no regulation. communist government that provides a lot of most decisions.the decisions made by producers and consumers drive all economic choices.producers and consumers make some economic choices while the government makes others.

Answer 1

In a command economy, the government makes all economic decisions including production, pricing, and wages, and typically provides many necessities for free. This system is characteristic of a communist government and examples of such economies include Cuba and North Korea.

Step-by-step explanation:

A command economy is a system where the government makes all the decisions regarding the economy. This includes decisions about what goods and services will be produced, the prices for these goods and services, the methods of production, and the wages for workers. It is characteristic of a communist government which provides a high level of regulation and control over the economy. Democratic governments, on the other hand, tend to feature market economies with varying degrees of regulation rather than pure command economies.

In a pure command economy, the government owns the means of production and central planners are responsible for making economic decisions. Such an economy often provides essentials like healthcare and education for free, as evidenced by current examples like Cuba and North Korea. While this system aims to serve the needs of the entire population, it can restrict individual freedom and economic flexibility. Producers and consumers have little to no role in the economic decisions of a pure command economy; instead, the government aims to determine the most efficient use of resources.