One major element of the command system is
A) an emphasis on private ownership of resources.
B) individual decentralized decision making.
C) reliance on supply-and-demand forces to guide economic activity.
D) central planning conducted by the government.

Question

Quizplus · Accepted Answer

The command system is characterized by central planning conducted by the government, in which the government directs economic activity and makes decisions about production and distribution of goods and services. This is in contrast to market-based systems (such as capitalism) that rely on supply and demand forces and decentralized decision making.

One Major Element of the Command System Is