Question & Answer

Central planning is used primarily in a:

Central planning is used primarily in a: A. market economy

B. social economy

C. command economy

D. traditional economy

1 Answer

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Quizzma TeamJune 28, 2025

The correct answer is C. command economy.

Central planning is characteristic of a command economy, where the government makes all economic decisions regarding the production and distribution of goods and services. In contrast, market economies rely on supply and demand to guide these decisions, while social and traditional economies operate under different principles. If you have more questions or need further explanation, feel free to ask!