Henry lives in a country where the government gives many incentives to produce military goods and few incentives to produce consumer goods. Henry knows a more efficient way to finish his task at work and feels like sharing it with his boss. However, he has no incentive to share it. Henry most likely lives in the command economy.
Best answer choice:
A) command economy
In this type of economy, the government takes the complete decision of production and set the price if the products and are solely responsible for the economic growth of the country.
