Read the scenario.
A government agency decides the most efficient way for the country's...
Read the scenario.
A government agency decides the most efficient way for the country's three million workers to get to their jobs would be for them to drive cars. The agency determines that every worker could afford a small car that costs $5,000. The agency tells a factory to produce three million cars and sell them for $5,000 each.
What kind of economy does this scenario describe?
command
developing
market
traditional
Answers: 3
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