Under which economic system would factors of production MOST LIKELY be owned by the government?A)mixed economyB) natural monopolyC)market economyD) command economy

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asked Mar 17, 2020 188k views

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Sandeep Bansal · Answer 1 · 2020-03-21T17:43:57+0000

Answer:

D. Command economy

Step-by-step explanation:

A command economy is where all of the decisions are made by the government. Labor, oil, and prices are all controlled. Communism is just one type of government system that could use command economy.

Under which economic system would factors of production MOST LIKELY be owned by the government?A)mixed economyB) natural monopolyC)market economyD) command economy

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