Answer:
Government is in control of the pricing of goods and services.
The government makes all decisions for finances in the country, may even assign people the jobs.
Since hourly rate of pay is regulated, just enough to survive on, people will tend to try and break the rules on the black market.
The government creates a central economic plan. ...
The government allocates all resources according to the central plan. ...
The central plan sets the priorities for the production of all goods and services.
Explanation:
