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salantis [7]
3 years ago
11

What effects do command and market economies have on workers

Geography
1 answer:
Maurinko [17]3 years ago
4 0
Controls the means of production in a command economy, it determines who works where and for how much pay. This power structure contrasts sharply with a free market<span>economy, in which </span>private companies<span> control the means of production and hire workers based on business needs, paying them wages set by invisible market forces. In a free </span>market economy<span>, the </span>law of supply and demand<span> dictates that workers who have unique skills in high-demand fields receive high wages for their services, while low-skill individuals in fields that are saturated with workers settle for meager wages, if they can find work at all.</span>
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Answer:

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Explanation:

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Explanation:

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