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27 August, 13:58

Which statements describe a command economy?

A Capitalism is a type of command economy.

B Most if not all business decisions are made by the government.

C Profit is the driving force behind economic decisions.

D Resources are owned by the government.

E The government decides the jobs people have.

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  1. 27 August, 16:16
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    B Most if not all business decisions are made by the government.

    A command economy is a system where the government, rather than the free market, determines what goods should be produced, how much should be produced and the price at which the goods are offered for sale. It also determines investments and incomes.
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