A command economy is a system in which the government, rather than the free market, determines which goods are to be produced.
What is central command economy?
A command economy is a system in which the government, rather than the free market, determines what goods must be produced, how much must be produced, and the price at which the goods are offered for sale. It also determines investments and incomes.
With this information, we can conclude that a command economy is a system in which the government, rather than the free market, determines which goods are to be produced.
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