In a centrally planned economy, what to produce is
Answer Details
In a centrally planned economy, what to produce is the responsibility of the state's bureaucrats. This means that the government makes all the decisions about what goods and services are produced, how much they cost, and who gets them. The government also decides what resources will be allocated to each sector of the economy, such as agriculture, manufacturing, and services. The goal is usually to achieve certain social and economic objectives, such as providing equal access to goods and services, promoting economic growth, and reducing income inequality.