6
QuizMultiple Choice

Unit 1A Test

Question 6 • 26/27 GOVERNMENT

Which statement best describes a command economy?

Answer
A
Buyers and sellers work with the government to make economic decisions based on tradition and culture.
B
The government owns and controls some industries, while private individuals or groups own and control others.
C
Buyers and sellers are free to make, sell, and buy what they want with no government interference.
D
The government controls all aspects of the production, distribution, and price of goods and services.
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Which statement best describes a command economy?