Communist countries usually have which type of economies?

• A. Command economies
• B. Market economies
• C. Mixed economies
• D. Traditional economies

Answer: (A)

Verified step by step guidance

1. Understand the key types of economic systems: Command economies, Market economies, Mixed economies, and Traditional economies.
2. Recall that a Command economy is characterized by central government control over production, resources, and distribution decisions.
3. Recognize that Communist countries typically have economies where the government makes most economic decisions, which aligns with the definition of a Command economy.
4. Contrast this with Market economies, where decisions are made by individuals and firms based on supply and demand, and Mixed economies, which combine elements of both command and market systems.
5. Conclude that the economic system most associated with Communist countries is the Command economy.