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1 January, 10:26

On the economic continuum, which country would be located furthest toward the command side?

China

India

North Korea

Japan

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Answers (1)
  1. 1 January, 13:52
    0
    North Korea

    Explanation:

    A command economy is one in which supply is regulated by the government. As such, competition is not a feature of command economies. China once had a command economy, but switched to a mixed economy that includes many free market principles.

    Japan is not at all a command economy, nor is India, as both countries are solid democracies with free market economies. North Korea is perhaps, along with Cuba, a classic example of a command economy controlled by the central state.
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