A centrally planned economy gives individuals access to alternative purchase options.

Name: A centrally planned economy gives individuals access to alternative purchase options.
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Question

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In a centrally planned economy, the government controls and allocates resources, including the production and distribution of goods and services. This limits the availability of alternative purchase options for individuals, as decisions about what to produce and distribute are made by the central planning authority.

A Centrally Planned Economy Gives Individuals Access to Alternative Purchase