which is the best definition of a command economy? an economy based on supply and demand an economy managed…

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

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

Answer

Brief Explanations:

A command economy is one where the government makes major economic decisions like production, distribution, and resource - allocation, rather than market forces. The option about an economy managed by the government best fits this.

Answer:

an economy managed by the government