Which term describes an economic system controlled by a strong centralized government that focuses on industrial goods and pays little attention to agriculture and consumer items?

• A. Command Economy
• B. Market Economy
• C. Mixed Economy
• D. Capitalism

Answer: (A)

An economic system with a strong central government directing production is a command economy. In this setup, the state owns or controls the means of production and makes decisions about what to produce, how to produce it, and for whom. The emphasis is usually on building industrial capacity and meeting centralized goals, rather than farming or supplying a wide range of consumer goods. As resources are allocated according to a national plan, agriculture and consumer items often receive less attention. This contrasts with market economies, where decisions are driven by private individuals and businesses responding to supply and demand, as well as with mixed economies that blend government and market roles, and with capitalism, which centers on private ownership and profit. So the term that fits is command economy.