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taurus [48]
4 years ago
6

In which economic system does the government have complete control over manufacturing and production?

Social Studies
2 answers:
Nikolay [14]4 years ago
7 0

Answer:

Planned Economy

Explanation:

A planned economy occurs when the state is the owner of the means of production, so it is up to the government to decide the quantity of production and the price. It is a model in which the strength of private initiative for the economy does not exist. It's a way to keep state control under everything and everyone. An example of a planned economy is North Korea.

Nataliya [291]4 years ago
6 0
The answer is planned economy 
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