148k views
7 votes
Who owns factors of production in a command economy?

private citizens
private citizens

government
government

religious institutions
religious institutions

all of the above

2 Answers

6 votes
the government
In a command economy, the government (or some other central authority) controls and steers major aspects of economic production. The government decides the means of production and owns the industries that produce goods and services for the public.
User Ohad Sharet
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10 votes
All of the above I believe
User Ankit Dhingra
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