Question

How does command economy differ from a mixed market economy?

Answer 1

In a mixed market economy, citizens have more property rights. A command economy has a hierarchical administration that controls all resources & production and takes all decisions regarding the allocation, and investment of resources as well as the distribution of goods and services in the market.

Answer 2

Answer:

Command economies have a lot more government control, while mixed market economies have less government control and are more controlled by supply and demand.

Explanation:

Command economies make the government control all of the means of production, involving the distribution of goods as well as investments of resources.

Mixed market economies give more property rights to people and allow for private business ownership and competition.