2 years ago

Simple definitions for these words:

English

1 answer:

Svetllana [295]2 years ago

5 0

Answer:

Definition of command economy

: an economic system in which activity is controlled by a central authority and the means of production are publicly owned

Definition of market economy

: an economy in which most goods and services are produced and distributed through free markets

Definition of mixed economy

: an economy in which some companies are owned by the government and other companies are not

Explanation:

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