Examples of command economies are
A) the United States and Japan.
B) Sweden and Norway.
C) Mexico and Brazil.
D) Cuba and North Korea.

Question

Quizplus · Accepted Answer

Command economies are also known as centrally planned economies, where the government controls all aspects of the economy. Cuba and North Korea are examples of countries with command economies, where the government owns and controls all industries and businesses, and decides what goods and services are produced and at what price. The United States, Japan, Sweden, Norway, Mexico, and Brazil all have elements of a mixed economy, where both the government and private sector play a role in economic decision-making.

Examples of Command Economies Are