Questions: In a command economy, what goods and services will be produced, who gets them, and how the economy will grow are decided by - the market forces of supply and demand the consumers of the goods and services the producers of the goods and services the government

In a command economy, what goods and services will be produced, who gets them, and how the economy will grow are decided by - the market forces of supply and demand the consumers of the goods and services the producers of the goods and services the government
Transcript text: In a command economy, what goods and services will be produced, who gets them, and how the economy will grow are decided by - the market forces of supply and demand the consumers of the goods and services the producers of the goods and services the government
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Solution

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The answer is: the government.

Explanation for each option:

  1. The market forces of supply and demand: This option is incorrect. In a command economy, the government, not market forces, makes the key economic decisions. Market forces of supply and demand are characteristic of a market economy, where prices and production are determined by the interaction of consumers and businesses.

  2. The consumers of the goods and services: This option is incorrect. In a command economy, consumers do not have the power to decide what goods and services will be produced. Instead, these decisions are centrally planned by the government.

  3. The producers of the goods and services: This option is incorrect. While producers may have some input, in a command economy, it is the government that ultimately decides what will be produced, how it will be produced, and who will receive the goods and services.

  4. The government: This option is correct. In a command economy, the government makes all major economic decisions, including what goods and services will be produced, how they will be produced, and how the economy will grow. This centralized control is a defining feature of command economies, such as those historically seen in the Soviet Union and other socialist states.

In summary, in a command economy, the government is the central authority that makes all significant economic decisions.

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