A command economic system is characterized by:_______.
a. reliance on the forces of supply and demand to determine what is produced.
b. an extremely rapid rate of economic growth.
c. reliance on the government to determine what is produced and who gets the output.
d. freedom of choice and freedom of competition.

Respuesta :

Answer:

option c          

Explanation:

A command economy refers to the mechanism wherein the state decides what products will be generated, how much will be generated as well as the value at which products are sold for sell, instead of just the capitalist market. This also decides the returns and assets. Command economy has become an integral feature of every socialist society.

Government leaders set domestic economic goals within a command economy, determining when and how to produce economic development, how to assign capital to development and how to disperse the resulting revenue. This also comes in the form of multiannual strategies that cover the economy as a whole.

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