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Question
In a Command Economy, all decisions from the allocation of resources to the distribution of end products, is taken care of by the ________.
In a Command Economy, all decisions from the allocation of resources to the distribution of end products, is taken care of by the ________.
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Solution
The correct option is A Government
A command economy is a system where the government, to a
certain extent than the free market, establish what goods should be produced, how
much should be produced, and the price at which the goods are offered for sale.
It also determines investment and incomes. The command economy is a solution characteristic
of any communist society.
The correct option is A.
A command economy is a system where the government, to a certain extent than the free market, establish what goods should be produced, how much should be produced, and the price at which the goods are offered for sale. It also determines investment and incomes. The command economy is a solution characteristic of any communist society.
The correct option is A.
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