Answered

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The government has the most influence over the production of goods and services in which economic system?

A. Market economy
B. Traditional economy
C. Mixed economy
D. Command economy

Sagot :

GinnyAnswer

Final answer:

The government has the most influence in a command economy, where all economic decisions are made by government officials.


Explanation:

In a command economy, the government has the most influence over the production of goods and services. In this system, all economic decisions are made by government officials, as opposed to the market economy where decisions are predominantly made by consumers and firms.

One example of a command economy is North Korea, where the government controls nearly all aspects of the economy, including what is produced and how resources are allocated.

Contrastingly, a market economy, such as that of the United States, relies more on private individuals and firms to determine what is produced and consumed.


Learn more about Command Economy here:

https://brainly.com/question/2591866


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