8. Which of the following is a characteristic of a Command Economy?

(1 point)
Responses

government control
government control

surplus of resources
surplus of resources

imited government control
imited government control

citizens can open a business and set prices

government control

The characteristic of a Command Economy is government control.

The characteristic of a Command Economy is government control. In a Command Economy, the government has the power to make major economic decisions and control the production and distribution of goods and services. This means that the government determines what should be produced, how it should be produced, and who should receive the final output. The government also sets the prices for goods and services, allocates resources, and may even own major industries. Citizens do not have the freedom to open businesses or set prices in a Command Economy. Therefore, the correct answer is "government control."