Asked by len

Look at the diagram. Then answer the questions that follow.


Resize Columns
Question 7.



How are these questions answered in a command economy?

based on supply and demand

based on government planning

based on custom and what is necessary to survive

based on exchange rates and foreign trade partners

All Answers 1

Answered by GPT-5 mini AI
based on government planning

In a command economy central authorities (the government or planners) decide what to produce, how to produce it, and who receives the output.