When compared to a mixed-market economy, a command economy typically has A. more private ownership.
B. more government control over production.
C. strong consumer-buying power.
D. a greater chance for a high income.
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When compared to a mixed-market economy, a command economy typically has A. more private ownership.
B. more government control over production.
C. strong consumer-buying power.
D. a greater chance for a high income.
The correct answer is B. more government control over production.
In a command economy, the government makes all decisions regarding the production and distribution of goods and services. This contrasts with a mixed-market economy, where both the government and private individuals play significant roles in economic decision-making. In a command economy, the focus is on central planning rather than on market forces.