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Comprehension Questions:

1. In a command economy, who makes the decisions about what goods and services will be produced?

2. Why is it challenging for a command economy to efficiently allocate resources?



Answer :

GinnyAnswer

Final answer:

In a command economy, the government makes key economic decisions, impacting production, pricing, and resource allocation.


Explanation:

In a command economy, the government makes decisions about what goods and services will be produced, the prices for them, methods of production, and wages for workers. This system is challenging because it may struggle to efficiently allocate resources due to lack of market forces guiding production and distribution.


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https://brainly.com/question/2591866


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