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Mixed and command both are part of the hipo urine family and sell goods with small governmental groups

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What are some similarities between market and mixed?

market economies use price mechanism to sove the prolems of economic choce .mixed economies also do the same facilitated by government interventions .


What does it mean to have a mixed economy?

you have a combination of command and market economies


Who produces goods and services in command and mixed economies?

no one


What combines elements of the command and market economies?

mixed economy


What 2 economies make up a mixed economy?

command and market economy


Is a mixed economy the same as a market economy?

No. When we say "market economy," we likely mean to say a free market economy-an economy unfettered with government policy interventions. This is usually stated in opposition to a planned command economy-planned by government personnel. Neither of these extremes exist in the real world. World economies are mixed economies. The difference between countries is the degree to which they are mixed. Economies such as Cuba and the former Soviet Union tend toward the command economy whilst economies such as Hong Kong and Singapore are cited as the freest market economies.


Countries with mixed economic system?

Almost every country in the world is a mixed economic system, there are no real pure capitalistic or pure command economies any more. Nations either have a capitalistic economy (which is mixed but more capitalistic than socialistic) or mixed command economies (which has a private sector but this is dwarfed by the public sector).


Could you list and describe the four types of economies?

The four main kinds of economic systems are; command, market, traditional and mixed.


What type of economy does all of Asia have?

command economies in Vietnam cambodia and laos, market economie on the Philippines, and mixed economies in Singapore and Indonesia


How are the goods and services allocated?

Goods and services are allocated through various mechanisms, primarily market economies, command economies, and mixed economies. In market economies, allocation is determined by supply and demand, where prices signal to producers and consumers how much to produce and consume. In command economies, the government makes decisions about allocation based on central planning. Mixed economies utilize a combination of both market and government interventions to achieve efficient allocation.


Why do most countries operate somewhere between a command and market economy?

Nearly all modern economies in the world today have characteristics of both market and command economic systems. That is why they are called mixed economies. Traditional economies are very hard to find and could not function effectively for a whole nation. Nearly all the countries in Southwest Asia today would best be described as mixed economies, as they have the characteristics of a free market and free enterprise as well as some government planning and control.


Are most economies purely capitalistic purely command purely traditional or mixed?

Most economies today are mixed economies, which combine elements of capitalism and command systems. While they incorporate free market principles, such as private property and competitive markets, they also include government intervention to regulate and manage economic activities. This blend allows for flexibility in addressing social needs and economic stability. Purely capitalist, command, or traditional economies are rare, as most nations recognize the benefits of a mixed approach.