KevinEpps KevinEpps

24-08-2020
Business

contestada

What is the key difference between command and market economies?

Respuesta :

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03-06-2021

Answer:

Households answer the basic economic questions in a market economy, while a group of leaders answer them in a command economy.

Explanation:

In a command economy government controls the economy but in a market the people of households do.

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