What type of economy is the opposite of a free market economy because the government makes all of the decisions about what goods, including produce and grains, are grown, manufactured, and distributed?

Question

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inelastic economy inelastic economy traditional economy traditional economy command economy command economy black market economy

Answer 1

The type of economy that is the opposite of a free market economy, where the government makes all decisions about what goods are produced, manufactured, and distributed, is called a command economy.