kaydenneal99 kaydenneal99
  • 26-02-2022
  • Social Studies
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what is the difference between market and command economies

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Heather11123
Heather11123 Heather11123
  • 26-02-2022
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.
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