Some governments develop five-year plans that map out allocations for

QUESTION

Some governments develop five-year plans that map out allocations for economic resources over that period of time. What type of economy would be most likely to utilize such plans?

A) communist
B) socialist
C) capitalist
D) free-market
E) mixed

ANSWER

Answer: A
Explanation: A) Five-year plans are a common product of central planning within communist economies.