Question

Which of the following is a feature of a command economy that distinguishes it from a

socialist economy?
A. All production is managed by the government.
B. All economic decisions are made by the free market.
C. All economic decisions are based on custom and habit.
D. Some degree of private ownership and activity is allowed.

Answer 1

I’d say B) all economic decisions are made by the free market

Answer 2

A. In a command economy the government has complete control