A system in which the state manages the production and distribution of goods is referred to as

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A command economy, also known as a planned economy, is when the state (government) controls and manages the production and distribution of goods and services. This is in contrast to a capitalist economy where private individuals and companies own and manage the means of production. Welfare capitalism involves a mix of state intervention and private enterprise, while communism is a political ideology that advocates for a classless society where the means of production are owned and controlled by the community as a whole.

A System in Which the State Manages the Production and Distribution