The key difference between command and market economies is that: Households answer the basic economic questions in a market economy, while a group of leaders answer them in a command economy.
<h3>Types of economy.</h3>
Generally, there are five (5) main types of economy and these include the following;
- Mixed economy.
- Command economy.
- Traditional economy.
- Pure capitalism economy.
- Underground economy (black market).
<h3>What is a market economy?</h3>
A market economy is also referred to as free-enterprise system or free market and it can be defined as a type of economy in which prices, products and services are being determined by the market rather than the government.
This ultimately implies that, a market economy is devoid (free) of government regulations, interference or control because the market is completely driven by demand and supply of goods and services.
Read more on market economy here: brainly.com/question/12653685
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Answer:
These psychologists study how the brain organizes gestalt's. By pointing out that the whole may exceed the sum of its parts, they noted that we filter sensory information and construct perceptions. To recognize something we first have to perceive it and distinguish it from its surroundings. We order the stimuli by organizing it into meaningful groups using categories such as, proximity, continuity, and closure. The Necker cube provides evidence that by focusing on different parts of the figure, one can force a more stable perception of the cube demonstrating the figure ground principle of consistent interpretation.
Explanation:
Is there a description on the left? if so, please give.
Answer:
a compoud sentence with "muse" contains at least two independent clauses. These two independent clauses can be combined with a comma and a coordinating conjunction or with a semicolon.
Explanation:
