A Command Economy Is Also Called a Planned Economy or Central

question 62

True/False

A command economy is also called a planned economy or central planning.

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Definitions:

Government Bonds

Debt securities issued by a government to finance its expenditures, offering a return in the form of periodic interest payments.

Broad Portfolio

An investment strategy involving a wide range of assets to diversify risk.

Long-Term Investors

Individuals or entities that invest in assets with the expectation of holding them for an extended period.

Steady Rate

A constant pace or level of progress, maintaining uniformity over a specified time without abrupt changes or fluctuations.