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Which is the best definition of a command economy?
an economy based on supply and demand
an economy managed by the government
an economy based on one type of product
an economy under the command of workers
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The correct option is B.

An economy managed by the government is the best definition of a command economy.

What is Command Economy?

A command economy is one in which a central government makes all economic decisions. Either the government or a collective owns the land and the means of production. It doesn't rely on the laws of supply and demand that operate in a market economy and it ignores the customs that guide a traditional economy.

Learn more about Command Economy here: https://brainly.in/question/42339339

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