In what kind of an economy does the government make all the decisions?

A. mixed
B. laissez-faire
C. centrally planned
D. free enterprise
I say D am I right?

No. You're wrong.

I think its D

I mean B

it is C

No, the correct answer is C. centrally planned.

In a centrally planned economy, also known as a command economy, the government makes all the decisions regarding production, distribution, investment, and pricing of goods and services. This type of economy is typically associated with socialist or communist systems, where the state owns and controls the means of production.

To arrive at the correct answer, you should understand the characteristics of different economic systems. Here's a breakdown of each option:

A. Mixed Economy: This type of economy combines elements of both market-based systems and government intervention. In a mixed economy, there is a blend of private enterprise and government involvement in economic decision-making.

B. Laissez-faire Economy: Also known as a free-market economy, laissez-faire refers to an economic system where there is minimal government intervention and regulations. In this type of economy, individuals and private enterprises have significant freedom and control over production, consumption, and pricing.

C. Centrally Planned Economy: This is the correct answer. As mentioned earlier, in a centrally planned economy, the government exercises complete control over economic activities and decision-making.

D. Free Enterprise Economy: This term is often used interchangeably with a laissez-faire or market-based economy. In a free enterprise economy, individuals and businesses have the freedom to own property and engage in business activities with limited government interference.

In summary, to correctly answer the question, you needed to identify the economic system in which the government makes all decisions, which is a centrally planned economy (option C).