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12 June, 09:53

A command economy tends to exist under:

a democratic government that provides little regulation.

socialist government that provides some regulation.

representative government that provides no regulation.

communist government that provides a lot of regulation.

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Answers (2)
  1. 12 June, 12:25
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    communist government that provide a lot of regulation
  2. 12 June, 13:22
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    The correct answer is the communist government that provides a lot of regulation.

    Explanation:

    In a command economy there is a lot regulation by way of laws which are guiding principles upon which the economy is built.

    The quantity of goods or services to be produced as well as the price are determined by the government unlike a free economy where forces of demand and supply determines equilibrium price and quantity.

    The questions of what to produce, in what quantity and by and for whom to produce are provided answers to by the government being at helms of economic affairs.
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