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
#SPJ1
Answer:
Why was the westward expansion important?
Explanation:
To Jefferson, westward expansion was the key to the nation's health: He believed that a republic depended on an independent, virtuous citizenry for its survival, and that independence and virtue went hand in hand with land ownership, especially the ownership of small farms.
The answer to your question is BOTH A AND B
Hello! I'm leo ready to answer lol
Answer:
internal migration: moving within a state, country, or continent.
external migration: moving to a different state, country, or continent.
emigration: leaving one country to move to another. immigration: moving into a new country.
<h2>
Hope this helped </h2>
