An economic system where the question of economic problems is resolved by the government through a central planning board is called_________ economy.

Question

An economic system where the question of economic problems is resolved by the government through a central planning board is called_________ economy.
🧐 Not the exact question you are looking for?Go ask a question

Solution 1

This type of economy is called a "Planned" or "Command" economy. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT

powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee

This problem has been solved

Similar Questions

An economic system where the question of economic problems is resolved by the government through a central planning board is called_________ economy.

An economy based on total government control over economic decisions is a _____.A.traditional economyB.command economyC.market economyD.mixed economy

Government’s primary role in a central planning economy is the maintenance of law and order.A. TrueB. False

In Neoclassical economic models, government intervention is necessary to stabilize the economy during recessions.Question 18Answera.Trueb.False

22. Which type of economic system is followed in China? (1)(a) Mixed Economy(b) Socialist Economy(c) Capitalist Economy(d) None of these

1/3