Question
Which term matches this type of economic system?
Government owns the factors of production
Government answers the question of who, what, and how to produce
Government eliminates choice and competition
(1 point)
Responses
Capitalism
Capitalism
Command
Command
Market
Market
Mixed
Government owns the factors of production
Government answers the question of who, what, and how to produce
Government eliminates choice and competition
(1 point)
Responses
Capitalism
Capitalism
Command
Command
Market
Market
Mixed
Answers
GPT-4o mini
The term that matches the description of this type of economic system is **Command**.