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Question: Which of the following countries is an example of a command economy Venezuela Cuba The soviet union All of these are command economies Provide evidence to prove your answer
All of these countries are examples of command economies. Venezuela has a state-controlled economic system that gives the government control over all of the resources and production. Cuba has a centrally planned economy where the government owns and manages certain aspects of it. The Soviet Union employed a centrally planned economy until its dissolution in 1991. This type of economy was characterized by government control of all aspects of production, making it a command economy.
Jan. 7, 2023, 7:54 p.m.
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