asked 228k views
0 votes
1. In a command economy, economic decisions are made based on

al government planning b) cultural traditions
c) supply and demand

asked
User Rukmini
by
8.0k points

1 Answer

2 votes

Answer:

A centrally planned economy, also known as a command economy, is an economic system in which a central authority, such as a government, makes economic decisions regarding the manufacturing and the distribution of products.

Step-by-step explanation:

answered
User Lee Warner
by
9.0k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.