QQuestion
Question
Which statement best describes a command economy?
A. Government intervention in economic choices is strictly forbidden.
B. The government determines economic choices and makes most decisions.
C. The decisions made by producers and consumers drive all economic choices.
D. Producers and consumers make some economic choices while the government makes others.
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Answer
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Step 1I'll solve this social studies/economics problem by carefully analyzing each option and explaining the characteristics of a command economy.
Step 2: Define a Command Economy
A command economy is an economic system where the government has central control over economic production and distribution. In this system, government planners make most or all economic decisions, rather than individual producers and consumers.
Final Answer
B
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