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What Type of economy in which the government decides which goods and services will be available?
Wiki User
∙ 9y ago
A command economy is one in which the government decides which goods and services will be available. There is officially no free market in a command economy.
Wiki User
∙ 9y ago
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What type of economy in which the government decides which goods services will be available?
In a socialist government, the government decides what will be taught in schools and what will be sold in stores.
What is true in a command economy?
The government decides which goods are produced.The government decides which goods are produced.
Who decides who Consumes goods and services in a market economy?
Consumers
How does command economy's differ from a market economy?
In a command economy the government decides how resources are used and what goods and service are produced. In a market individuals make the decisions about how resources are used and what gods and services to provide.
An economy where the government decides what to produce and how to produce it?
Controlled
What type of economy in which the government decides which goods services will be available?
In a socialist government, the government decides what will be taught in schools and what will be sold in stores.
What is true in a command economy?
The government decides which goods are produced.The government decides which goods are produced.
How does a market economy differ from a command economy?
In a command economy the government decides how resources are used and what goods and service are produced. In a market individuals make the decisions about how resources are used and what gods and services to provide.
How does a market economy differs from a command economy?
In a command economy the government decides how resources are used and what goods and service are produced. In a market individuals make the decisions about how resources are used and what gods and services to provide.
How does a market economy different from a command economy?
In a command economy the government decides how resources are used and what goods and service are produced. In a market individuals make the decisions about how resources are used and what gods and services to provide.
How does command economy's differ from a market economy?
In a command economy the government decides how resources are used and what goods and service are produced. In a market individuals make the decisions about how resources are used and what gods and services to provide.
Who decides who Consumes goods and services in a market economy?
Consumers
Who decides production in free enterprise economy?
the government
An economy where the government decides what to produce and how to produce it?
Controlled
What government decides the production and distribution of goods?
command economy
The difference between a command economy and a demand economy?
A command economy is a private business that the government does not support. It is purely driven by consumers. They decide on what is produced. A demand economy is a business where only the government decides what is produced. There is also something called a mixed economy and that is when the government supports private businesses and decides what is produced for them.
Who decides what goods and services will be produced in a market economy?
In a market economy, it is the producer, typically influenced by the demands of the consumer, who makes decisions about what to produce. This is in contrast to a command economy where the government makes those decisions.
