Question

When compared to a mixed-market economy, a command economy typically has more private ownership. more government control over production. strong consumer-buying power. a greater chance for a high income.

Answer 1

The correct answer is B. more government control over production.

Explanation:

A command economy also called a planned economy is a type of economic system in which the main influence is government rather than the interaction between demand and supply. In this way, it is common in a command economy the government or state decides over most economical aspects including pricing and production (types and number of products or services). This implies in this economy producers are restricted by government or means of production are even owned by the government and therefore there is more government control than in a mixed-market economy in which the government only intervenes if necessary.

Answer 2

The correct answer is When compared to a mixed-market economy, a command economy typically has more government control over production

Command economy is an economic system in which production is previously and rationally planned by specialists.