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Which of the following activities of government precludes the existence of a market economy?

Which of the following activities of government precludes the existence of a market economy?
  • A.
    The imposition of taxes
  • B.
    The control of the location of industry
  • C.
    The central planning of production
  • D.
    The fixing of maximum price for all necessities
  • E.
    The establishment of law requiring the registration of business firms
Correct Answer: Option C
Explanation