study guides for every class
that actually explain what's on your next test
Command Economic System
from class:
AP Microeconomics
Definition
A command economic system is an economic system where the government has complete control over the allocation of resources and production decisions.
"Command Economic System" also found in:
© 2025 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.