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What else can I help you with?
What countries have command traditional market economies?
many many many :)
Could you list and describe the four types of economies?
The four main kinds of economic systems are; command, market, traditional and mixed.
The most accepted argument in favor of market economies is their efficiency The argument most accepted in favor of command economies is the belief that they are?
More Traditional
What are the econimes market and command?
what are command economies
Why is traditional economy and command economy superseded now?
Traditional and command economies have largely been superseded by market economies due to their limitations in efficiency and adaptability. Traditional economies often struggle with technological advancement and innovation, while command economies can stifle individual initiative and market responsiveness due to centralized control. The rise of globalization and technological progress has favored systems that promote competition, entrepreneurship, and consumer choice, enabling economies to grow more dynamically. Consequently, market-based approaches have become more prevalent as they better accommodate changing consumer demands and foster economic growth.
What are the three main types of economies?
Command, traditional, and market economies
What countries have command traditional market economies?
many many many :)
Could you list and describe the four types of economies?
The four main kinds of economic systems are; command, market, traditional and mixed.
The most accepted argument in favor of market economies is their efficiency The argument most accepted in favor of command economies is the belief that they are?
More Traditional
What are the econimes market and command?
what are command economies
Of the three types of economies command market and traditional which does the following fit into Rich Americans tend to send their children to private schools.?
traditional
Why are economies never purely market or command economies?
Neither purely market nor purely command economies can adequately answer the basic economic questions in every situation. -Plato
Why are command economies less efficient the market economies?
the competition in the market economies encourages both qyality and low prices.
Which of these is a mixture of command and market economies?
capitalism
Is there a pure command and pure market economies?
no
What are the four basic economic systems around the world?
There are four types of economic systems: traditional economies, market economies, command economies, and mixed economies. these economic systems differ in how to answer the three basic questions: how to produce, what to produce and for whom to produce. In traditional economies, the three economic questions are decided mainly by social customs. In market economies, the economy is like capitalism in U.S and the economic questions are decided by individuals in the marketplace. In command economies, is like communism and the questions are decided by the government. In mixed economies, they are decided by a combination of market decisions making and government order. Many different combinations of these four kinds of economic systems are operating around the world today, with different degrees of success. Free-market and command (apex)
How does each society determine who will consume what is produced?
Societies determine who will consume what is produced through various systems such as market economy, command economy, traditional economy, or mixed economy. In a market economy, pricing and consumer demand play a significant role in allocation. In a command economy, the government decides on distribution. Traditional economies follow customs and traditions, while mixed economies combine elements of both market and command systems.
