"Which Characteristic Does Not Belong In A Planned Economic System?" a) Governments makes the law. b) Consumer decides the price. c) Government makes all the economic plans. d) Consumer decides what to produce.
Business · Middle School · Mon Jan 18 2021
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The characteristic that does not belong in a planned economic system is:
b) Consumer decides the price.
In a planned economic system, such as a command economy, prices are typically set or controlled by the government or central authority. The decision-making regarding prices, production and economic plans is primarily centralized within the government, rather than being determined by consumers in the market.