Economics · Economic Systems
What is the primary characteristic of a command economy?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Production and distribution are determined primarily by market forces
- 2There is minimal government involvement in economic decision-making
- 3Private individuals own most of the means of production
- 4The government makes all important decisions about production and distribution✓
Correct answer
The government makes all important decisions about production and distribution
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