In the former Soviet Union, the Communist Party made all decisions about goods being produced. This is a ______.

Question

Quizplus · Accepted Answer

In a command economy, the government or central authority, rather than the market or consumers, makes all decisions about the production and distribution of goods and services. The former Soviet Union is a classic example of a command economy, where the Communist Party determined what was produced, how much was produced, and at what price items were sold.

In the Former Soviet Union, the Communist Party Made All