Question

In a communist economy, all economic activities are controlled by_____ . Such economies are also known as_______ .
1. A. Individuals
B. The business Owners
C. The government
2. A. Command Economies
B. Market Economies
C. Traditional Economies

Answer 1

1) C. The Government
2) A. Command Economies ( i think)

Answer 2

Answer: 1. C. The government; 2. A.Command Economies.

Explanation:

The Command Economy was an attempt to pursue a social and political Utopian dream. All economic activities were destroyed and replaced by highly centralized hierarchical structures controlled by the government. Their administrative commands, targets, and regulations were coordinated by government economic agents in a command economy, instead of the forces of the free market.