Question

which of the following would be considered an example of command or centrally planned economy?

○ south america

○ the united states

○ north korea

Explanation:

A command or centrally planned economy is one where the government makes economic decisions. South America is a continent with various economies, mostly mixed or market - oriented. The United States has a market - based economy. North Korea has a centrally planned economy where the government plans production, distribution, etc.

Answer:

C. North Korea