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Which statement best describes a command economy? Government intervention in economic choices is strictly forbidden. The government determines economic choices and makes most decisions. The decisions made by producers and consumers drive all economic choices. Producers and consumers make some economic choices while the government makes others.
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The government determines economic choices and makes most decisions. - best describes a command economy.
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Asked 12/6/2017 8:51:14 PM
Updated 12/7/2017 7:12:51 AM
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The government determines economic choices and makes most decisions. - best describes a command economy.

Added 12/7/2017 7:12:51 AM
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Questions asked by the same visitor
What restriction would the government impose in a closed economy? The government would prohibit trade with other nations. The government would set the prices for imported goods. The government would preserve traditional customs only. The government would prevent private ownership of property.
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Updated 7/19/2020 3:53:40 AM
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The statement that best describes a command economy is:
The government determines economic choices and makes most decisions.

Added 12/7/2017 7:42:58 AM
This answer has been flagged as incorrect.
Flagged by anthony23 [7/19/2020 3:22:04 AM]
The restriction that the government would impose in a closed economy is: The government would prohibit trade with other nations.
Added 7/19/2020 3:53:40 AM
This answer has been confirmed as correct and helpful.
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