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Nata [24]
3 years ago
8

What economic characteristics does a centrally planed economy oppose that a market economy encourages

History
1 answer:
alex41 [277]3 years ago
4 0

A centrally planned economy oppose these basic economic characteristics- Property owned by private individuals, Market pricing determination by supply and demand forces, encouragement of competition among the companies and providing a wide range of choice to consumer.

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