1865EconomicsMedium
Which statement best describes how a command economy functioned in the Soviet Union?
AA central authority determined the type and quantity of goods to be produced
BTrade policies mandated that imports exceed exports
CThe success of the agricultural sector controlled the price of manufactured goods
DThe laws of supply and demand controlled the economy
Correct answer
A. A central authority determined the type and quantity of goods to be produced
Explanation
The correct answer is A central authority determined the type and quantity of goods to be produced.