Commune is a large gathering of people who share a common life. The people may live together, have common values and beliefs, share resources, possession, asset and income. Before 1840 these communities were known as socialist and communist settlements. Cooperative communes, political communes and Religious communes are various types of communes.
<em>Efficiency</em>: Market Economy because of price mechanism
<em>Price Stability</em>: Market Economy. In command economy, price is set by the commanding authority and not naturally through supply and demand
<em>Full employment:</em> Command economies. have better control of employment levels than free-market economies, as they can create jobs to put people to work when necessary, even in the absence of a legitimate need for such work.
