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What is economic planning in a command economy?
the government sets the prices
the government
Who will make it?
an absolute monarch
a strong ruler making all of the decisions
North Korea
the government making decisions about an economy
ancient
Many ________ economies were command economies.
the government sets the prices
the government
Who will make it?
an absolute monarch
a strong ruler making all of the decisions
North Korea
the government making decisions about an economy
ancient
How are prices set in a command economy?
the government sets the prices
the government
Who will make it?
an absolute monarch
a strong ruler making all of the decisions
North Korea
the government making decisions about an economy
ancient
Which of these would you most likely see in a command economy?
the government sets the prices
the government
Who will make it?
an absolute monarch
a strong ruler making all of the decisions
North Korea
the government making decisions about an economy
ancient
Which type of leader would most like a command economy?
the government sets the prices
the government
Who will make it?
an absolute monarch
a strong ruler making all of the decisions
North Korea
the government making decisions about an economy
ancient
Which one of these is not one of the three economic questions?
the government sets the prices
the government
Who will make it?
an absolute monarch
a strong ruler making all of the decisions
North Korea
the government making decisions about an economy
ancient
Which modern day country has a command economy?
the government sets the prices
the government
Who will make it?
an absolute monarch
a strong ruler making all of the decisions
North Korea
the government making decisions about an economy
ancient
Who owns the factors of production in a command economy?
the government sets the prices
the government
Who will make it?
an absolute monarch
a strong ruler making all of the decisions
North Korea
the government making decisions about an economy
ancient
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