In which type of government does the ruler or governing body dicate the types of goods that are manufactured?

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2026-07-25 18:00

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In a command economy, which is often associated with a centralized government or authoritarian regime, the ruler or governing body dictates the types of goods that are manufactured. This system contrasts with market economies, where production is determined by consumer demand and market forces. The government typically sets production targets and allocates resources according to its economic plans and goals.

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