What are the characterities of command economy?

A command economy is characterized by centralized control where the government makes all major economic decisions regarding production, distribution, and pricing of goods and services. Resources are allocated according to a planned economic model rather than market forces, often aiming for equal distribution and meeting societal needs. This system typically limits private enterprise and can lead to inefficiencies due to a lack of competition and innovation. Additionally, it may prioritize state goals over individual consumer preferences.