QUESTION IMAGE
Question
a planned economy is one in which the government
○ allows market forces to operate freely.
○ encourages workers to join unions.
○ makes just a few decisions about the economy.
○ has total control over a countrys resources.
Brief Explanations
To solve this, we analyze each option:
- Option 1: A planned economy does not allow market forces to operate freely (that's a market economy), so this is incorrect.
- Option 2: Encouraging workers to join unions is not a defining characteristic of a planned economy, so this is incorrect.
- Option 3: In a planned economy, the government makes most (not just a few) economic decisions, so this is incorrect.
- Option 4: A planned economy is characterized by the government having total control over a country's resources (allocating them, deciding production, etc.), so this is correct.
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D. has total control over a country's resources.