Characteristics of a Centrally Planned Economy?


The characteristics of a centrally planned economy are diversified. This where the government controls all activities. They include controlling what is produced and who produces it.
Q&A Related to "Characteristics of a Centrally Planned Economy..."
A centrally planned economy provides services such as
China's economy is really a hybrid economy. The most important thing to remember is that China is led by the Chinese Communist Party, which has firm control over the government and
Would have been better not to have given you the answer but rather to ask.....if centrally planned means decisions are made from the central location (a single location), which of
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