[Answer] What is one characteristic of a command economy?

Answer: The government controls the prices of most goods.

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What is one characteristic of a command economy? Wed Feb 15 2017 · One of the characteristics of a command economy is the government controls the prices of most goods and services . Further explanation A command economy is where the government makes all economic decision. It doesn't allow market forces such as demand and supply to determine what how much and at what price they should produce goods. A command economy is planned by a government to attain its societal goals. Here are 5 characteristics pros cons and examples of countries . In a command economy (also known as a centrally planned economy ) the central government controls all major aspects of a nation's economy and production. The government rather than the traditional free market economy laws of supply and demand mandates which goods and services will be produced and how they will be distributed and sold. Sa...

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