In practice, the term "centrally planned economy" refers to an economy in which
A)the military is in control of the government.
B)economic decisions are made in the geographic centre of the country.
C)all commodities are rationed.
D)the government makes all production and consumption decisions.
E)the mix of market and command principles is heavily weighted towards the latter.

Question

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The Answer of In practice, the term "centrally planned economy" refers to an economy in which
A)the military is in control of the government.
B)economic decisions are made in the geographic centre of the country.
C)all commodities are rationed.
D)the government makes all production and consumption decisions.
E)the mix of market and command principles is heavily weighted towards the latter.

In Practice, the Term "Centrally Planned Economy" Refers to an Economy