In command economies,economic behaviour is
A)largely affected by elements of tradition and market incentives.
B)based primarily on custom and habit.
C)directed by individual self interest.
D)random and unpredictable.
E)largely determined by a central authority.

Question

Quizplus · Accepted Answer

In command economies, economic behaviour is largely determined by a central authority. The government makes decisions regarding what goods and services are produced, how they are produced, and for whom they are produced. The individual self-interest and market incentives are not usually considered in such economies.

In Command Economies,economic Behaviour Is