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26 August, 14:37

Controlled by strong government Usually focuses on industrial goods Little attention paid to agriculture and consumer goods Government directs industry in need areas What economic system is being described?

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  1. 26 August, 15:05
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    The correct answer is A command Economic System

    Explanation:

    Unlike a free-market capitalist system where market forces determine demand and supply of a product, a command economy is one in which the government manages resources and decides on what industry should be given priority.

    This economic system was mostly found in the Soviet Union or Communist China during Mao's time and it usually did more harm than good.
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