Question by  twinkleyes (131)

What is a "command economy"?

Has the US ever had one?


Answer by  waskasoo (471)

A command economy is an economy that sees economic decisions made from a central planning authority. The contrast to this would be a free market, such as in the USA.


Answer by  tamarawilhite (17883)

The United States has never had an official command economy, where the government controls all production. The closest it came was in World War 2.

You have 50 words left!