In an economy governed by Soviet-style central planning, which statement best describes the movement of resources?

Choose the correct answer

Explanation

In a Soviet-type centrally planned economy, most resources are restricted and cannot move freely to their most valuable uses. Unlike market economies, resource allocation is controlled by the state rather than guided by cost efficiency or private ownership.

In an economy governed by Soviet-style central plann… — Development Planning and Policy-making The State, And the Market | PakQuizHub