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Orlov [11]
3 years ago
13

Describe 4 differences between a TRADITIONAL and COMMAND ECONOMIES?

Social Studies
1 answer:
melamori03 [73]3 years ago
7 0

Answer:

Explanation:

A traditional economy is one where the production and distribution of goods is based on custom and cultural traditions. A command economy is one where the means of production are owned collectively, and decisions about what to produce and how goods are distributed are made by a centralized authority.

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