Asked by Alyssa Currie on May 19, 2024

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Examples of command economies are:

A) the United States and Japan.
B) Sweden and Norway.
C) Mexico and Brazil.
D) Cuba and North Korea.

Command Economies

Economic systems where the government or central authority controls all major aspects of production and distribution of goods and services.

North Korea

An East Asian country officially known as the Democratic People's Republic of Korea, noted for its centralized economy and autocratic government.

  • Elucidate the attributes and impacts of laissez-faire capitalism in comparison to command economies.
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Nicholas ShammaMay 20, 2024
Final Answer :
D
Explanation :
Command economies are those in which the government controls all aspects of the economy. Examples of command economies include Cuba and North Korea. The United States, Japan, Sweden, and Norway practice mixed economies, in which both government and private entities have control over the economy. Mexico and Brazil have market economies, in which the private sector has a dominant role in the economy.