In a command economy, resources are publicly owned by government and economic activity is coordinated through a central government planning authority.

Name: In a command economy, resources are publicly owned by government and economic activity is coordinated through a central government planning authority.
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

In a command economy, the government owns and controls the resources and coordinates economic activity through central planning.

In a Command Economy, Resources Are Publicly Owned by Government