WilsonBlumenfeld176 WilsonBlumenfeld176

31-03-2015
History

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Government owns the factors of production Government answers the question of who, what and how to produce Government eliminates choice and competition What type of economic system is described? A) Command B) Market C) Mixed D) Traditional

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HistoryGuy HistoryGuy

31-03-2015

When a Government owns the factors of production, answers the question of who, what and how to produce, and eliminates choice and competition this is called a command economy. It is the opposite of a market economy.

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brookmathis5 brookmathis5

24-04-2020

Answer:

Command

Explanation:

USATestPrep

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