Planned Economy
A planned economy, also known as a command economy or centrally planned economy, is an economic system in which the government or central authority exercises significant control over the production, distribution, and allocation of goods and services. In a planned economy, the government plays a dominant role in making decisions about what to produce, how much to produce, and how resources are allocated. Here _________ _____ ___ _______ ___ ______ ______ ___ ____ ____ _________.
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