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Gekata [30.6K]
3 years ago
8

What is the main difference between command and market economies?

Social Studies
1 answer:
NARA [144]3 years ago
5 0

Answer:

Key Takeaways

Explanation:

Market economies utilize private ownership of the means of production and voluntary exchanges/contracts. In a command economy, governments own the factors of production such as land, capital, and resources. In reality, all economies blend aspects of the two.

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About one-half of the world's wealth is owned by __________ percent of the world's adult population.
Solnce55 [7]

Based on statistics, only 1% (one percent) of the population owns half of the wealth in the world.

<h3>How is wealth distributed in the population of the world?</h3>

Unfortunately, wealth is not equally distributed in the population of the world. This means many people have limited resources, while only a small percentage of the people own most of the wealth available. This problem is known as inequality and is often related to other issues such as:

  • Poverty.
  • Lack of access to education.
  • Hunger.
  • Differences in opportunities access.

<h3>What percentage owns half of the wealth in the world?</h3>

Based on scientific studies, only 1% of the adult population owns at least half of the wealth. This clearly show how inequal the distribution of wealth is in the world.

Learn more about inequality in: brainly.com/question/11106414

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5 0
2 years ago
What happens once groundwater reaches a layer of rock in the ground that it cannot pass through?
True [87]

Answer:

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Explanation:

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5 0
3 years ago
Looking at the modern day statistics do you think it was wise of the framers of the constitution to have two legislative bodies
Lesechka [4]

If there was only one house of representatives the smaller states will have less representation.

Explanation:

The original model of the house of representatives was taken from Britain. There are two senators per state and then there is the house of representatives where the number of members depends on the population of the state.

If the senate is removed, there will be less representation for the smaller states and thus there will be a chance they can be cornered.

The issue with this, is that constitutionally, all states are to be equal in the eyes of  the federal government in the Federation.

5 0
3 years ago
What risks did ensalved African American had when they tried to escape
OlgaM077 [116]

Answer:

They risked death.

Explanation:

They risked death because when many slavers tracked down their escaped slaves, they would kill them because of disobedience.

8 0
3 years ago
Read 2 more answers
The Second Continental Congress was the first attempt at what type of government that would unify the colonies?
Helga [31]

Answer: The Founding Fathers’ first attempt at such governance was formed around the Articles of Confederation. The Articles of Confederation were first proposed at the Second Continental Congress in 1777 in Philadelphia. They were fully ratified and put into effect in 1781. The reign of the Articles of Confederation was brief.

Explanation: hope this helps brainiest please??

6 0
2 years ago
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