Which of the following is considered a command economy?
A)Capitalism
B)Libertinism
C)Private enterprise
D)Communism
E)Laissez-faire market

Question

Quizplus · Accepted Answer

In a command economy, the government or central authority makes all decisions regarding the production and distribution of goods and services. Communism is an example of a command economy where the state controls the means of production and allocates resources according to its plans.

Which of the Following Is Considered a Command Economy