100 POINTS PLEASE HELP ASAP I WILL GIVE BRAINLIEST
In what type of economic system is the price at which goods are sold determined by a central planning committee?

command economy
democracies
traditional economy
market economy

Answers

Answer 1

Answer:

Command Economy

Explanation:

The central government sets the prices at which products are sold. You many see this is dictatorship nations, like ancient Sparta and the USSR.

Answer 2

Answer:

Command Economy

Explanation:


Related Questions

What caused inflation to occur in many states?

Answers

Answer:

Explanation:

Inflation could occur if prices rise up due to increases in production costs. That could include wages and raw materials.

A increase in demand for products and services could also cause inflation as consumers are willing to pay alot for the product.

Hope this helped!

How did banking change in Europe from the 1700s to the 1800s?
A.) The number of private banks increased.
B.) The number of private banks decreased.
C.) The number of government banks sharply increased.
D.) The number of government banks sharply decreased.

Answers

Answer:

the number of private banks sharply decreased

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