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- Nikita Chetry
- Latest Answer: 1 week ago
- In: Commerce
In which economic system every one is treated alike and no one gets precedence over the other? Who decides the allocation of resources in this economic system? Does this economic system allocate the resources in the most ideal manner? Give an answer with reason.
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1 Answers
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- Answered By Anita Sahani
- Answer: 1 week ago
In planned economic system, every one is treated alike and no one gets precedence over the other.In this economic system central planning authority of the government decided the allocation of resource...
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