Final answer:
A command economy is a government system designed to meet planned economy objectives by controlling all aspects of production and resource allocation, often prioritizing equity over efficiency.
Step-by-step explanation:
The type of government that is carried out to fulfill planned economy objectives is known as a command economy. In this economic system, the government has direct control over the means of production, decisions related to what goods and services should be produced, and the allocation of resources. Examples of countries that have been associated with command economies include the former Soviet Union, China, North Korea, and Cuba, although many have since incorporated market-oriented reforms to varying degrees.
In command economies, central planners in the government undertake an incredibly difficult and complicated process to decide on the production and distribution of goods and services, which impacts the free will and personal liberties of the citizens. This system aims to achieve a greater level of equity, often at the expense of economic efficiency and individual choice. Historical evidence, such as China's 'Great Leap Forward', has shown the severe consequences that can result from the inefficiencies in such systems.