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Q: What are the benefits and drawbacks of a free market economy command economy traditional economy and mixes economy?
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Related questions

What are the three types of economy?

Command economy, market economy, and traditional economy. The United States of America is a Market economy.


How market traditional and command economy adapt to change?

A traditional and command economy adapt slowly, a market economy adapts fast.


Is Russia primarily a traditional or command or market or mixed economy?

command economy


Traditional economy coutries?

What type of Government is in control in a traditional,command and market economy? Who controls the resources? Distribution of goods and services? Controls productions? What are the negative affects on society? Benefits to society for each form of economy?


Does Niger have a mixed market command or a traditional economy?

traditional


Does Serbia have a traditional command or market economy?

It has market economy


Is Israel a traditional market command or mixed economy?

Mixed economy because it is only command on the farming.


What are other names for traditional economy?

command economy


How do I describe a mixed economy?

A mixed economy is a system that combines characteristics of market, command, and traditional economies. It benefits from the advantages of all three while also experiencing some of the disadvantages.


What kind of benefits do people receive in a market economy system In a command economy system?

are the benefits do people


What kinds of benefits do people receive in a market economy system in a command economy system?

are the benefits do people


Does Venezuela have a traditional command free market or mixed economy?

it has a free economy