answersLogoWhite

0


Best Answer

A command economy is one that is run by a central authority which has control over every aspect of the economy. The Soviet Union prior to its demise in 1990 had a command economy. (North Korea still has one.) Everyone in the Soviet Union was employed by the state, everyone lived in state assigned housing, everything for sale in the stores was chosen by the state and ordered by the state, and so forth.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a command economy definition?
Write your answer...
Submit
Still have questions?
magnify glass
imp