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Select the correct answer.

Which of the following statements describes the command economy of the Soviet Union?

A. The government allowed private businesses to produce goods and services demanded by the market.
B. The government decided what goods and services would be produced and supplied to the market.
C. The government allowed workers to own the means of production.
D. The government ensured high wages for workers.



Answer :

Final answer:

Government-controlled command economies dictate production, pricing, and wages, offering essential services for free.


Explanation:

In a command economy, the government decides what goods and services will be produced and what prices it will charge for them. The government decides what methods of production to use and sets wages for workers.

The government provides many necessities like healthcare and education for free.

Currently, Cuba and North Korea have command economies.


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