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25 October, 16:00

Choose the correct economy described below:

The government plans how to use resources to make goods and services.

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Answers (1)
  1. 25 October, 16:21
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    This is a command economy.

    Explanation:

    In a command economy, the government controls major aspects of economic production. The government decides the means of production and owns the industries that produce goods and services for the public. The government prices and produces goods and services that it thinks benefits the people.
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