A command economy is an economic system in which the government, or the central planner, determines what goods and services should be produced, the supply that should be produced, and the price of goods and services. Some examples of countries that have command economies are Cuba, North Korea, and the former soviet union.
Answer:
Mongal video here:
Explanation:
https://www.khanacademy.org/humanities/whp-origins/era-5-the-first-global-age/x23c41635548726c4:5-1-land-based-empires-origins-beta/v/wait-for-itthe-mongols-crash-course-world-history-17
They minimize business cycles by promoting growth during the contractionary phase of the business cycle. The government can promote growth through fiscal policy or monetary policy.
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