adrianejhart adrianejhart
  • 01-09-2015
  • Social Studies
contestada

How does a command economy differ from a market economy?

Respuesta :

WorldCitizen WorldCitizen
  • 01-09-2015
In a command economy, the economy is decided by the state, who decides what will be produced and in what amounts, and how how it will cost (think: Soviet Russia).

In a market economy, the market decides: what is produced depends on the demand.
Answer Link

Otras preguntas

Quien invento el tu o de ensayo
What is the hypothesis of the given statement? If money grows trees, then you can be rich. 1. money grows in trees 2. you cannot be rich 3.money does not grow i
................................find 8% of 2.36.
DB is a diameter of circle O. If mACB = 30°, what is the mDBA? 30° 50° 60° 70° 90°
How does this image illustrate a contribution of the Byzantine Empire? It is an example of sophisticated mosaic art commonly found in Byzantine structures.
Which of the following continents was not covered by ice during the Pleistocene ice age? a. Europe b. Asia c. Australia d. North America
simplify. (½) ²− 6(2−2/3)
what is another word for altruistic a. unpopular b. irresponsible c. generous d. modest
what is the number written in standard notation? 5.71 x 10^-3
Adam is 4 years old his brother is half his age how old will the younger brother be when Adam is 50