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Question
which is the best definition of a command economy? an economy based on supply and demand an economy managed by the government an economy based on one type of product an economy under the command of workers
A command economy is a system where central authorities (government) make all key economic decisions including production, distribution, and resource allocation. The other options describe market economies (supply/demand), specialized single-product economies, and worker-controlled economies, which do not match the definition of a command economy.
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B. an economy managed by the government