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Market Economy: Resources are publicly owned, consumers decide how resources are allocated.
Command Economy: Resources are publicly owned, government decides how resources are allocated.
Wiki User
∙ 12y ago
Wiki User
∙ 14y ago
choose two economic
market: individual own resources to show what and/or how to produce.
command: Government owns resources and controls production.
mixed: individual own most resources and determine what and/or how to produce it.
traditional: A customs show what/or how to produce it.
Wiki User
∙ 14y agoMicroeconomics and Macroeconomics
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What are the four kinds of economic systems?
Traditional, Command, Market, Mixed.
What are kinds of economic implation?
what are kinds of economic implation? what are kinds of economic implation?
What are the three kinds of economic systems?
Market economy,traditional economy,command economy and mixed economy
What are the types of political economic systems?
there is no such thing as political economic systems, there are only economic political systems
What two economic systems were created in the 1600 and 1700?
commerse enquizitions
What are the four kinds of economic systems?
Traditional, Command, Market, Mixed.
What are the two kinds of nervous systems?
The two kinds of nervous systems are sympathetic and parasympathetic. P.S. The two parts of the nervous system are Central and Peripheral.
What are kinds of economic implation?
what are kinds of economic implation? what are kinds of economic implation?
What are the three kinds of economic systems?
Market economy,traditional economy,command economy and mixed economy
What are two major econmic systems?
Capitalism, socialism, and communism are major economic systems.
What is the two different kinds of computer systems from CISC?
the 2 different kinds of computer are supercomputer and microcomputer
3 kinds systems of linear equations in two variables?
hhgjk
What are the types of political economic systems?
there is no such thing as political economic systems, there are only economic political systems
What are the kinds of the nervous system?
The two kinds of nervous systems are sympathetic and parasympathetic. P.S. The two parts of the nervous system are Central and Peripheral.
The US economy is a mixture of which two economic systems?
Mixed and market
What two economic systems were created in the 1600 and 1700?
commerse enquizitions
What two economic systems have African leaders advocate?
Capitalism and Socialism
