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Which country is an example of command economy?

asked
User Shelton
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1 Answer

4 votes

Answer:

North Korea

Step-by-step explanation:

North Korea is a command economy because the government controls every aspect of the nation's economy, including wages and prices. The state controls all production in the country and sets priorities for what goods a factory can and will produce. There is no sign of a market economy in North Korea.

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User Rampion
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