mark blogs about the country he is visiting. he mentions that there appears to be full employment. which economic system is this country most likely operating under?



Answer :

The economic system operating in this country is command Economy system.

Command economy refers to the system of operation where the government only decides what is to be produced and how it is to be distributed. In such a type of system, no private organization functions.

The government in a command economic system country employs all workers and unilaterally determines their wages and job duties and product pricing. Also, the government promises full employment for its citizens and, it does not promise employment in areas chosen by the citizens. Instead, people are often placed in careers that fit the requirement of the country and not necessarily fulfill their own person interests.

Therefore, the answer is Command economy.

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