How does a command economy handle economic crises?

How does a command economy handle economic crises?

In a command economy, the government has control over the allocation of resources and decision-making in the economy. Therefore, when faced with an economic crisis, the government takes direct action to address the situation. This can include implementing policies such as price controls, rationing, and production quotas to stabilize the economy. The government may also provide financial support to struggling industries or allocate resources to prioritize essential goods and services. Overall, the command economy relies on central planning and government intervention to manage and mitigate economic crises.