Question

which of the following economic systems is where the government or other central authority makes decisions and determines how resources will be used?

• centrally planned economy
• mixed economy
• free market

Explanation:

To determine the correct economic system, we analyze each option:

• A Centrally Planned Economy is defined by a central authority (like the government) making decisions about resource allocation, production, and distribution.
• A Mixed Economy combines elements of government intervention and free - market forces, so it's not solely reliant on a central authority for all resource - use decisions.
• A Free Market economy relies on supply and demand in the market, with minimal government intervention in resource - use decisions.

So, the economic system where the government or central authority makes decisions on resource use is the Centrally Planned Economy.

Answer:

A. Centrally Planned Economy