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Neko [114]
3 years ago
8

What type of economy uses a central authority to make economic decision

History
1 answer:
Nezavi [6.7K]3 years ago
7 0

command economy Economic System in which basic economic decisions are made by a central authority

market economy Economic system in which basic economic decisions are made by people and firms acting in their own best intersts

market economy advantage Relatively small degree of goverment interference

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