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densk [106]
3 years ago
9

Need help for each one which one is command economy and which one is market economy

History
1 answer:
Sveta_85 [38]3 years ago
7 0

Answer:

Freedom is linked to the market economy, as is growth and efficiency. A command economy is linked with security, equality, price stability and full employment.

Explanation:

A free-market economy is defined as an economy where there is little to no intervention on the part of the government. Companies and private citizens are free to establish their businesses and these compete for profits without much oversight from the government in terms of who they can employ and the prices they set. A command economy, on the other hand, is characterized by government control of the levels of production and the prices that are set.

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