Question

Production would MOST LIKELY be owned and controlled by the government under which economic system below? (1 point)

Responses

mixed economy
mixed economy

market economy
market economy

natural economy
natural economy

command economy

Answer 1

[AI-generated answer — Bot GPT 3.5]

command economy

Answer 2

[AI-generated answer — Step-by-Step Bot]

The correct answer is command economy. In a command economy, production is owned and controlled by the government.