Question

which statement best describes how a command economy impacts economic growth? it encourages economic growth by ensuring that most people have a job. it accelerates economic growth by producing goods in the most efficient ways possible. it does not affect economic growth because the government only produces what it needs. it slows economic growth by limiting competition and discouraging new ideas and innovations.

Explanation:

In a command economy, the government makes most economic decisions. Lack of competition and less - incentive for innovation as the state controls production can slow growth.

Answer:

It slows economic growth by limiting competition and discouraging new ideas and innovations.