JAMB - Economics (2014 - No. 1)
The choice of how to produce in a command economy is determined by
government
consumer
industrialists
labour unions
Açıklama
A command economy is a system where the government, rather than the free market, determines what goods should be produced, how much should be produced, and the price at which the goods are offered for sale. It also determines investments and incomes. The command economy is a key feature of any communist society.