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13 October, 12:58

The government decides what to produce, how much, and from whom. This describes a (n)

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  1. 13 October, 13:41
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    The government decides what to produce, how much, and from whom. This describes a planned or command economy. This type of economy is where the government has total control over what's produced, how much and where they get their goods. The government regulates this heavily to make sure they are the main decision makers in the economy and it's changes.
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