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

Anna, Amanda, and Sun were paid $45.00 divided equally for doing lawn work for 2 hours. Amanda left after 1 hour. The positive difference between what Amanda wa
if a person walks 500 m to the north and then 500 m to the south. How much did you move?
Subtract (–x – 2) – (4x + 3).
A total of 152,909 people visited a national park during obe weekend.what is this number rounded to the nearest thousands?
This morning they made a total of 52 bagels. They made two more cinnamon-raisin than strawberry. The number of blueberry is 9 more than the number of cinnamon-r
83333333333/10000000000 simplified answer
A passenger using a walker may use the accessible entrance to board and or exit your vehicle
Clarissa Finley purchased a $1,000 bond at a quoted price of 80.25. The bond pays interest at a rate of 6.5%. What is the annual yield?
Which feature of Anglo-Saxon culture is reflected in the passage
What does this statue demonstrate about Mayan religious beliefs? A) The Mayan religion was strictly monotheistic. B) The Mayan religion used symbols borrow