_____ allocates the goods and services produced by government-run industries and tries to ensure that the resulting wealth is distributed equally.
A) Central planning
B) Fiscal policy
C) Monetary policy
D) Free enterprise

Question

Quizplus · Accepted Answer

Central planning is a system where a centralized authority, typically the government, makes decisions about the allocation of resources, production, and distribution of goods and services. In this type of system, the government runs the industries and tries to ensure that the resulting wealth is distributed equally. This is in contrast to free enterprise, where individuals and private firms make these decisions based on market forces. Fiscal and monetary policy are tools used by governments to influence economic activity but do not involve the direct allocation of goods and services by government-run industries.

_____ Allocates the Goods and Services Produced by Government-Run Industries