1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ankoles [38]
3 years ago
10

compare and contrast a traditional economy and a command economy. make sure to address the three economic questions and provide

an incentive for each​
History
2 answers:
bonufazy [111]3 years ago
6 0
Answer:
Development factors are what a society utilizes to generate products and services. Land, labor, capital and entrepreneurship are included in this. Land contains all the natural resources that humans, such as soil, trees, water and minerals, can use for company. Labor is work done without pay, which is what the workers of a corporation do. Capital contains the items required for products and services to be produced. It is possible to divide capital into two components: physical capital (buildings, equipment, instruments, etc and human capital (skills, experience, knowledge, etc.). The entrepreneur is the development element that puts together all the other products. Entrepreneurs are individuals who start companies and bring goods to market.
stich3 [128]3 years ago
6 0

Sample Response:

A traditional economy has very little in common with a command economy, except that both provide the incentive of security for those who use them. Everything else regarding the two economic systems is different. In a traditional economy, people use traditional methods to produce goods that have been made in the past. They produce them for their communities and family members. If they happen to produce too much of something (i.e. if they have a surplus), they can use those goods to barter or trade with other communities. This provides stability for the people. A command economy functions in a different manner. In a command economy, the goods and services produced are determined by the government. They produce what the government feels is best. The people use government-owned lands and machinery to produce goods, and the government decides who can use the goods produced. In other words, the government has full control and makes all the decisions. A command economy can also provide economic equality.

You might be interested in
In which decade of the twentieth century did the government begin to take a much larger role in the US economy?
blagie [28]
It was in the 1930s and to some extent the 1940s that the US Government started to take a much larger role in the US economy, primarily through Roosevelt's New Deal programs. 

7 0
4 years ago
In the 1920's, what were women supposed to refrain from doing in order to be considered "proper?” A. get married B. have childre
Dmitry_Shevchenko [17]
<h2>Work in office</h2>

Explanation:

Hope it helps

3 0
3 years ago
What twentieth century progressive reform did the great awakening foreshadow and how
Goshia [24]

Perhaps the greatest aspect of the Great Awakening in terms of its foreshadowing of 20th century reforms was that of its stance on abolition (and subsequently the rights of African-Americans) and women's rights. These ideals were spread through America in all walks of life long before mainstream rights for African-Americans were even considered a possibility.


3 0
3 years ago
The Northwest Passage was the route that Europeans believed….?
enyata [817]

Answer: They believed it would take them from the Atlantic to the Pacific ocean.

Explanation: I hope this helped :) You've got this!

6 0
3 years ago
How did women's roles in the workforce change during World War 1?
Gelneren [198K]

Answer:The women replaced the men in the factories. So pretty much the women went and got jobs in the factories while then men were out fighting the war

Explanation:

4 0
3 years ago
Read 2 more answers
Other questions:
  • Which of these best describes the outcome of the Battle of Bunker Hill? A. The British won decisively. B. The militia won by a n
    14·1 answer
  • How did speculative investing weaken the stability of the stock market?
    13·2 answers
  • Answer the following question with at least three complete sentences. Be sure to use specific examples from the lessons in your
    8·2 answers
  • What role did religion play in the rise of democratic ideas in New England settlements?​
    12·1 answer
  • How did Ivan III lead the Russians to their independence from the Mongols?
    12·1 answer
  • Did the states have the power to tax under the articles of confederation?
    12·1 answer
  • What did Aristotle think of democracy?
    5·1 answer
  • What the were crusades and what were the religions involved in them? PLEASE DO NOT COPY AND PASTE 8)
    15·1 answer
  • Read the following excerpt from the Declaration of Independence.
    5·2 answers
  • Who was Sam Houston?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!