An economy in which a central authority draws up a plan that establishes what will be produced and when, sets production goals, and makes rules for distribution is a
a. laissez-faire economy.
b. command economy.
c. public-goods economy.
d. free-market economy.

Question

06-10-2017
Business

contestada

An economy in which a central authority draws up a plan that establishes what will be produced and when, sets production goals, and makes rules for distribution is a
a. laissez-faire economy.
b. command economy.
c. public-goods economy.
d. free-market economy.

Respuesta :

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coolstick coolstick · Answer 1 · 2017-10-06T16:56:15+02:00

A laissez-faire economy is one where there is no interference within the government, so that's not correct.

There's no such thing as a public-goods economy (according to google at least), but public goods are things that the government provides for the most part. It's accessible by everyone.

A free-market economy is where the government has little to no control, similar to a laissez-faire economy, so that's not right.

Your question is literally the definition of a command economy, so that's right!

An economy in which a central authority draws up a plan that establishes what will be produced and​ when, sets production​ goals, and makes rules for distribution is a a. ​laissez-faire economy. b. command economy. c. ​public-goods economy. d. ​free-market economy.

Respuesta :

Otras preguntas

An economy in which a central authority draws up a plan that establishes what will be produced and when, sets production goals, and makes rules for distribution is a
a. laissez-faire economy.
b. command economy.
c. public-goods economy.
d. free-market economy.