An economy run by a government that completely decides what goods and services to produce, who receives them, and which investment projects to undertake, is called a:
A)command economy.
B)economy.
C)mixed economy.
D)capitalistic economy.

Question

Quizplus · Accepted Answer

A command economy is one in which the government has full control over economic decisions and production. In this type of economy, the state directs all economic activity, including what goods and services are produced, who gets them, and what investment projects are undertaken.

An Economy Run by a Government That Completely Decides What