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Explain the economic characteristics of the command and market economic?
Wiki User
∙ 14y ago
Explain the economic characteristics of the command
Wiki User
∙ 14y ago
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What are the different economic system?
traditional economic system command economic system market economic system
Traditional market and command are types of?
economic systems
What are the three different economic system?
traditional economic system command economic system market economic system
What kind of economic system does Chile have?
A Market command system
What are the four kinds of economic systems?
Traditional, Command, Market, Mixed.
What type of economic systems?
command and market
Three main types of economics?
market economic,command economic and mixte economic
What are the basic economic systems?
Traditional Market Mixed (all 3 combined, but mainly command and market) Command
Traditional market and command are types of?
economic systems
What are the different economic system?
traditional economic system command economic system market economic system
What are the three different economic system?
traditional economic system command economic system market economic system
What kind of economic system does Chile have?
A Market command system
What are the four economic sytems?
Traditonal, Market, Command, and Mixed
What are the two economic systems?
Traditional economic system. The traditional economic system is based on goods, services, and work, all of which follow certain established trends. Command economic system. In a command system, there is a dominant centralized authority – usually the government – that controls a significant portion of the economic structure. Market economic system. Market economic systems are based on the concept of free markets. In other words, there is very little government interference. Mixed system. Mixed systems combine the characteristics of the market and command economic systems. For this reason, mixed systems are also known as dual systems.
What are the four kinds of economic systems?
Traditional, Command, Market, Mixed.
What are Similarities between market and command economic systems?
Hi👙
A mixed economy is a combination of which of the economic system?
Free-market and command
