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1. In which type of economy are individuals lease likely to determine which products they consume, and why? (1 point)

User Maddie
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2 Answers

12 votes

Answer:

Command economy is considered as the economy that are least like by individuals in order to determine which product they consume. Dwellers in that economy can anticipate consuming things that the government desires.

The government controls all of the supply and sets all of the demand in command economy because the decision-making is centralized. Prices in this economy must be determined by govt. officials since they cannot arise naturally, as they do in a market economy.

Step-by-step explanation:

User Richard Kho
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3 votes

Answer:

Command economy is considered as the economy that are least like by individuals in order to determine which product they consume. Dwellers in that economy can anticipate consuming things that the government desires.

Step-by-step explanation:

User Jmorvan
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