The first one is correct. In a planned economy, also known as a command economy, the state determines prices and allocates resources.
The answer is yes but no in that way but also yes but no but the answer is yes just no in that way
<span>The Federalist Party originated in opposition to the Democratic-Republican Party in America during President George Washington’s first administration. Known for their support of a strong national government, the Federalists emphasized commercial and diplomatic harmony with Britain following the signing of the 1794 Jay Treaty. The party split over negotiations with France during President John Adams’s administration, though it remained a political force until its members passed into the Democratic and the Whig parties in the 1820s. Despite its dissolution, the party made a lasting impact by laying the foundations of a national economy, creating a national judicial system and formulating principles of foreign policy.</span>
