which is the best definition of a command economy?\n an economy based on supply and demand\n an economy…
which is the best definition of a command economy?\n an economy based on supply and demand\n an economy managed by the government\n an economy based on one type of product\n an economy under the command of workers
Answer
Brief Explanations:
A command economy is characterized by government - controlled production, distribution, and resource allocation. In a market economy, supply and demand drive economic activity. An economy based on one product is a single - product economy. And an economy under workers' command is not the standard definition of a command economy.
Answer:
an economy managed by the government