zlyzoh zlyzoh
  • 24-09-2018
  • Business
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What’s the difference between a market economy and a command economy

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amberlouise2 amberlouise2
  • 24-09-2018
The activity in a market economy is unplanned and determined by the supply and demand of goods and services. The main example of a market economy is capitalism. Whereas, a command economy is organised by a centralised government which owns most, of not all, businesses. The main example of a command economy is communism.
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