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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I believe the answer is option D
Answer:
Explanation:
Omit unnecessary words and phrases: excessive adverbs and adjectives detract from the formality of writing, as do phrases such as "you know", and "like" and "well" at the start of sentences, or during pauses in the sentence's rhythm. 4.