Social Studies, 05.05.2021 21:20 xxtonixwilsonxx
What is the main difference between command and market economies?
1. In a command economy only, the government owns most of the businesses and means to make money.
2. In a market economy, the government decides the prices to make sure everyone has equal ability to pay for
items; in a command economy, all items are provided.
3. A command economy is reflective of government regulation, while a market economy is reflective of what
consumers want and need.
4. Competition only hurts the market economy as companies change prices and goods to meet consumer wants.
Answers: 3
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How was south asia worked to meet the needs of its largest populationchoose all that are correct a) by implementing the green revolution b) by putting the dalits to work c) by developing cottage industries d) by doing outsourcing for other countries
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What is the main difference between command and market economies?
1. In a command economy only, th...
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