Answer the following Q with stream of consciousness. The level of centralization in decision-making in planning depends on the specific type of planning mechanism employed. As such, one can distinguish between centralized planning and decentralized planning. An economy primarily based on central planning is referred to as a planned economy. In a centrally planned economy the allocation of resources is determined by a comprehensive plan of production which specifies output requirements. Planning may also take the form of directive planning or indicative planning.\n\nAnswer this question: a centrally planned economy most often refers to an economic system that is under comprehensive?
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The relevant information is: In a centrally planned economy the allocation of resources is determined by a comprehensive plan of production which specifies output requirements. Therefore, the final answer is plan of production which specifies output requirements.
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