presleyunmack presleyunmack
  • 03-05-2020
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Who controls the resources in a centrally planned economy?

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kykyhemmings
kykyhemmings kykyhemmings
  • 03-05-2020

Answer:

A centrally planned economy or a command economy is one where the price and allocation of resources, goods and services is determined by the government rather than autonomous agents as it is in a free market economy.

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