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Vesnalui [34]
4 years ago
10

If you lived under an economic system in which the government controlled all aspects of production which conic system would this

be
English
1 answer:
solong [7]4 years ago
4 0
This type of economic system is called PLANNED ECONOMY.
In a planned economy, the government control all aspect of economic production; all decisions that have to do with production are controlled by the government. The government can also determine the prices of goods and services.
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