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Who answers the three economic questions in a command economy?

The government answers the three economic questions in a command economy.


What is a basic characteristic of a command system?

The government owns most economic resources with a command system.


In which economic system does the government own the means of production?

command


Who answers the three economic questions in command economy?

government


How are economic questions answered in a command economy?

discuss the basic economic problem?


What kind of economic system does a communist government have?

Communist governments use what is known as a command economy. In a command economy, the government owns everything, employs everyone, and makes all economic decisions.


What is An economic system in which the government makes all economic decisions?

it's called a command economy


In which economic system does the government make most economic decisions?

command economy


An economic system in which the central government directs all major economic decisions?

an economic system in which the central government directs all major economic decisions


What is a command economic system is characterized by?

A command economic system is one in which people rely on the government to decide what products will be produced and who the products will be distributed to after they are produced.


What is the role of government in a leissez faire economic system?

Role of the government is to take taxes.


In the US what role does the government play in the economic system?

the government enforces economic laws and regulations