In a planned or command economy, all the economic decisions are taken by the:

workers

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voters

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government

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consumers

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Solution

The correct option is B
voters

Option : (C)

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Similar questions

Q. An economy in which economic decisions, regarding production in different sectors, the distribution of products and fixation of prices are taken by private entrepreneurs for the purpose of profit along with no control or pressure of the Government is called _____.

Q. In a Command Economy, all decisions from the allocation of resources to the distribution of end products, is taken care of by the ________.

Q. 23. Consider the following statements regarding Market Economy Status
1. It is given by WTO to a country where key pricing of goods and services are guided solely by the market.
2. It is opposite to a centrally planned economy, where government decisions drive country’s economic activity.
3. China’s economy has been granted this status in 2016.
Which of the above statement(s) is/are correct?

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Q. The basic economic problems are solved in the public sector of a mixed economy through decision making by the planning authority.

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In a planned or command economy, all the economic decisions are taken by the:

The correct option is B voters Option : (C)

The correct option is B
voters

Option : (C)