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Which of the following best describes a command economy?
A.
Businesses are owned by private investors and businessmen.
B.
Individuals have the authority to make economic choices.
C.
The distribution of income is dependent on each individual.
D.
Economic decision making is made by the state or government

Respuesta :

Piinoy

The answer is D, economic decision making is made by the state or government. Some of examples of command economies include North Korea and the former Soviet Union.

Answer:

D. Economic decision making is made by the state or government

Explanation:

In a command economy, present in socialist societies, the resources and business activities are controlled by the state or government. In countries with a command economy, such as North Korea, the government controls the economy as well as the use and distribution of income.

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