1. In a command economy, economic decisions are made based on

al government planning b) cultural traditions

c) supply and demand

Question

Cameron Mendez

History

7 September, 12:37

1. In a command economy, economic decisions are made based on

al government planning b) cultural traditions

c) supply and demand

+5

Answers (1)

Know the Answer?

Leland Moran · Answer 1

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.

1. In a command economy, economic decisions are made based onal government planning b) cultural traditionsc) supply and demand

1. In a command economy, economic decisions are made based on

al government planning b) cultural traditions

c) supply and demand