slayer57158 slayer57158

10-11-2021
Social Studies

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1. What are the differences between a command economy and a market economy?

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astrumobs astrumobs

10-11-2021

Answer:

Market economies utilize private ownership as the means of production and voluntary exchanges/contracts. In a command economy, governments own the factors of production such as land, capital, and resources.

Explanation:

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