In command economies,economic behaviour is
A)largely determined by a central authority.
B)based primarily on custom and habit.
C)directed by individual self-interest.
D)largely affected by elements of tradition and market incentives.
E)random and unpredictable.

Question

Quizplus · Accepted Answer

In command economies, the central authority (usually the government) makes all major economic decisions and determines what goods and services will be produced, how they will be produced, and who will receive them. Therefore, economic behavior is largely determined by this central authority.

In Command Economies,economic Behaviour Is