The Decision About What Goods and Services Will Be Produced

Multiple Choice

The decision about what goods and services will be produced in a centrally planned economy is made by

A) lawmakers in the government deciding on what will be produced.
B) workers deciding to produce only what the boss says must be produced.
C) producers deciding what society wants most.
D) consumers and firms choosing which goods and services to buy or produce.
E) consumers dictating to firms what they need most.