In the Soviet Union before 1987, the government utilized centralized planning for the economy, through which the production and distribution of goods was controlled and directed by the government. This makes the Soviet Union an archetype of a ______ economy.

Question

Quizplus · Accepted Answer

Centralized planning for the economy, where the government controls production and distribution of goods, is a key feature of a socialist economy.

In the Soviet Union Before 1987, the Government Utilized Centralized