A command economy relies upon central direction of production and prices in
order to address the basic economic questions of what, how, and for whom.

Question

A command economy relies upon central direction of production and prices in
 order to address the basic economic questions of what, how, and for whom.

Quizplus · Accepted Answer

In a command economy, the government or a central authority makes all decisions regarding the production and distribution of goods and services, including what is produced, how it is produced, and for whom it is produced.

A Command Economy Relies Upon Central Direction of Production and Prices