ECONOMICS
ECONOMIC SYSTEMS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A command economy is when the government is in control.
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Command economy, which is also known as the planned economy, is the type of economy in which prices, income, production, investment, etc. everything is determined centrally by the government.
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