joshmaker12
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Government owns the factors of production
Government answers the question of who, what and how to produce
Government eliminates choice and competition


What type of economic system is described?
A) Capitalism
B) Command
C) Market
D) Mixed

Respuesta :

Seprum
The type of economic system when government owns the factors of production, answers the question of who, what and how to produce, and eliminates choice and competition is called a command economy. It is the opposite of a market economy.
DjMia

Answer:

B. A Command economic system.

~DjMia~

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