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No, a command economy is where the central govt. controls everything. A market economy is where the govt. trades, buys, and sells products from different countries.
Command economies are motivated by the government, which institutes how the economy will work.
A command economy is the same as a socialst or communist economy.
The free-market system is free from government intrusion and is where the people can freely change prices and products for the public. The command economy doesn’t provide freedom to its people, and the mixed economy has both government and public input. Therefore, we can come to the conclusion that Australia has a mixed economy.
It is a command economy where the government controls the economy. It is a command economy where the government controls the economy.
Yes, Haiti is a command economy. A command economy is when the government controls the economy and you are guaranteed a job. However, with a command economy, you cannot open your own business.
what is the history behind command economy
Command Economy is an example of Dictatorship.
It is a command economy where the government controls the economy. It is a command economy where the government controls the economy.
North Korea has a command economy.
There are a few main characteristics of a command economy. These include having the government make decisions about which sections produce what products, the demand being based on the decision of the market economy, and the pricing being decided by the government.
Command economy.