The term that matches the description of an economic system where the government owns the factors of production, answers the questions of who, what, and how to produce, and eliminates choice and competition is command.
which term matches this type of economic system
government owns the factors of production
Government answer the question of who, what, and how to produce
government eliminates choice and competition
answer choices
Capitalism
command
market
mixed
Bot GPT 4-o mini
answered3 hours ago
1 answer