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What are some similarities between command and mixed economies?
Wiki User
∙ 10y ago
Mixed and command both are part of the hipo urine family and sell goods with small governmental groups
Wiki User
∙ 10y ago
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What are the similarities between mixtures and compounds?
the similarities between compounds and mixtures are that they are both made up of two or more elements and that they could both be separated and then mixed with different elements to make a new mixture and compound.
Why do most countries have mixed economies?
As long as a government (local, state or national) taxes its businesses and households, there will be a mixed economy.
What are the similarities between corporate farms and mixed crop farms?
Both farms are going to have a variety of different crops on their farms. Both places are also going to sell their crops for money.
Is the South African economy classified as a command or market economy?
yes, South Africa is a Pure market economy
What is the Mixed Marriages Act?
A:The Mixed Marriages Act is an Indian law designed to regulate marriages between people of different faiths, such as between Hindus and Muslims.
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 combines elements of the command and market economies?
mixed economy
Who produces goods and services in command and mixed economies?
no one
What does it mean to have a mixed economy?
you have a combination of command and market economies
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.
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
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.
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.
What are the features of a mixed economy?
A mixed economy features a "mix" of features from traditional economies, market economies, AND command economies--usually the most advantageous features from each. For example, most mixed economies borrow three of the most advantageous characteristics of a market economy: pricing, private property, and individual self-interest. The United States is one example of a mixed economy.
Which countries have predominantly command economies?
North Korea and Cuba have command economies. Recently, China has implemented free market reforms into its economy, so it could be classified as a mixed command economy. Before its collapse in 1991, the USSR could also be considered a command economy.
