ebrogdon121 ebrogdon121
  • 23-04-2020
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Compare and contrast traditional economy and and a command economy

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meybolgonzalez12
meybolgonzalez12 meybolgonzalez12
  • 23-04-2020

Answer:

A traditional economy is one where the production and distribution of goods is based on custom and cultural traditions. A command economy is one where the means of production are owned collectively, and decisions about what to produce and how goods are distributed are made by a centralized authority.

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