Is US a command economy?
No, it is a market economy. The former USSR is an example of a command economy (as well as Cuba, North Korea, and Vietnam)
Actually, the U.S. is a mix between a market economy and a command economy. It is more of a market than a command but it is not completely either one.
the best answer to make it more better to understand is an economic system in which the government controls and regulates production, distribution, prices, etc. and command economy or planned economy is a noun A command economy is an economic method where the price and supply of products are set and regulated by the government. The command economy is a key feature of a communist society. A command economy is when the government owns all…
No, command economy is when the government pretty much controls everything like what goods to produce, how and at what price. Apparently the US is a market economy, otherwise known as capitalist. Capitalism is pretty much the opposite of a command economy, it allows the individual to make decisions rather than the government.
a command economy is more communism and an example is Cuba a mixed economy is a mixture of a command economy a market economy and a traditional economy keep in mind there is never ever a pure command or market economy! this was made by a 11 year old kid! hope this answers ur questions i am in ac social studies so this is right!