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In History / High School | 2014-11-17

If you lived under an economic system in which the government controlled all aspects of production, which economic system would this be?

A. traditional economy
B. market economy
C. planned economy
D. mixed economy

Asked by Kimberlie533

Answer (3)

the answer is b. Market economy because the aspects of production is controlled by the government

Answered by Patrickdeshawns | 2024-06-10

c. planned economy is the answer on plato.

Answered by lboudrie | 2024-06-11

The economic system in which the government controls all aspects of production is known as a planned economy (or command economy). In this system, all decisions about production, distribution, and prices are made by the government. The correct answer is C. planned economy.
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Answered by Patrickdeshawns | 2024-10-02

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