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Thinking back on the information you have learned in this unit about different types of economic systems, imagine that you are moving from the United States (which has a mixed economy) to a country that has a largely centrally planned (or command) economy. Then in a short essay of at least two paragraphs, explain how your life will change (economically and otherwise) as you begin to live in your new home and country.

Respuesta :

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In a planned or command economy, there is greater government intervention over property, investments, and incomes.

What is a command economy?

It is an economic system where a centralized government has control over the means of production, that is, it determines the production and distribution of resources, also impacting the lives of the population, the possibility of economic development and profitability.

Therefore, the transition from a citizen belonging to a country with a mixed economy to a country with a command economy could be an experience that would impact the way they live, consume and work, affecting all areas of social life.

Find out more about command economy here:

https://brainly.com/question/26262298

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