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Jbranson87 Jbranson87
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The economic system that allows individuals the least degree of economic freedom is ________.

▸ free-market

▸ planned

▸ capitalism

▸ authoritarianism

▸ mixed capitalism
Textbook 

Business in Action


Edition: 9th
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OmfgtimmyOmfgtimmy
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planned

In a planned system, also called a command system or a command-and-control system, government controls the allocation of resources, including decisions regarding which products are produced and in what quantities. Planned economies are often equated with socialism, which in its most developed theoretical form involves collective ownership of the means of production.

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