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20 September, 22:12

Which is an economic system run by the government

A. Planned economy

B. A mixed economy

C. A free market economy

D. A black market economy

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Answers (1)
  1. 20 September, 23:09
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    A. Planned economy

    Explanation;

    The planned economy is an economy in which production, investment, prices, and incomes are determined centrally by the government. such that decisions are made by a single authority rather than many market participants. It may use centralized, decentralized or participatory forms of economic planning.
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