Question

Contrast the economic conditions you would most likely find in the developing economies. In a short paragraph, give two examples of conditions that are common in each type of economy.

Answer 1

Answer: The way scarce resources get distributed within an economy determines the type of economic system. There are four different types of economies; a traditional economy, a market economy, command economy, and a mixed economy. Each type of economy has its own strengths and weaknesses.

Explanation: I studied

Answer 2

Answer:

Developed Economies have strong infrastructure and economic diversity,while developing countries have single-product economies.  

Explanation:

I STUDIED lol

Also I am not sure about the second part but this is what they were asking for...