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No, capitalism is not another word for a command economy. Capitalism is an economic system characterized by private ownership of resources and the means of production, with market forces primarily determining supply and demand. In contrast, a command economy is centrally planned, where the government makes decisions regarding production and distribution of goods and services. These two systems represent opposite approaches to economic organization.

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1w ago

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12 letters word an economy that exhibits elements of both capitalism and socialism?

mixed economy


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command central nerve centre Operations


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