The type of economic system where a central authority is relied upon to make economic decisions is a Command economy.
This is a type of economy where the central authority or national government makes all the decisions regarding the economy.
This authority would be in charge of deciding what the nation should produce. They will also direct which resources will be used to produce the goods for, and who the goods will be produced for.
This means that everyone will be an employee of the state and more or less guarantees everyone employment. This is what the Soviet Union was doping before its demise, and what happens in Cuba and Vietnam.
In conclusion, this is a Command economy.
Find out more on command economies at https://brainly.com/question/26262298
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