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Which of the following statements describes the command economy of the Soviet Union?

A. The government allowed private businesses to produce goods and services demanded by the market.
B. The government decided what goods and services would be produced and supplied to the market.
C. The government allowed workers to own the means of production.
D. The government ensured high wages for workers.

Sagot :

GinnyAnswer

Final answer:

A command economy is characterized by government control over production, pricing, and wages, exemplified by countries like Cuba, North Korea, and the former Soviet Union.


Explanation:

In a command economy, the government decides what goods and services will be produced and what prices will be charged for them. The government also determines the methods of production and sets wages for workers. Necessities like healthcare and education are provided for free. Examples of command economies include Cuba, North Korea, and the Soviet Union in the past.


Learn more about Command Economy here:

https://brainly.com/question/2591866


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