Question

The government has the most influence over the production of goods and services in which economic system?

1) Market economy
2) Command economy
3) Mixed economy
4) Traditional economy

Answer 1

In a command economy, the government has the most influence over production decisions, unlike in market or mixed economies where private firms and individuals have more say.

Step-by-step explanation:

The government has the most influence over the production of goods and services in a command economy. In this economic system, decisions regarding what to produce, how to produce, and for whom to produce are predominantly made by the government.

Businesses and consumers have very little say in these decisions contrast to a market economy, where decisions are mainly made by private firms and individuals based on market forces. The other options, such as mixed and traditional economies, feature varying levels of government intervention, but the command economy is characterized by the highest level of governmental control.