What are the main characteristics of traditional market command economics?

Traditional market command economics, often referred to as command economies, are characterized by centralized decision-making where the government or a central authority controls the production and distribution of goods and services. Prices are typically set by the state rather than determined by supply and demand dynamics. Resources are allocated based on a planned economy model, aiming for specific societal goals rather than profit maximization. This system often prioritizes equality and social welfare over individual entrepreneurship and market competition.