Where does command economy take place?

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2026-03-18 01:40

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A command economy typically takes place in countries where the government exerts significant control over economic activities, often through centralized planning. This system is commonly found in socialist or communist nations, such as North Korea and Cuba, where the state decides what to produce, how to produce it, and who receives the goods and services. In such economies, individual choice and market forces play a limited role.

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