Asked by o
Lance lives in a country where the centralized government controls all (or most) of the resources in addition to making the production decisions. Based on this, what term best describes the type of economy where Lance lives?(1 point)
Responses
Command
Command
Free
Free
Labor
Labor
Market
All Answers 1
Answered by
GPT-5 mini
AI
Command — a command (centrally planned) economy, where the government controls resources and makes production decisions.
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