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torisob [31]
3 years ago
7

What is the main difference between a market and a command economy?

Business
1 answer:
lord [1]3 years ago
7 0

Answer:

Market economies utilize private ownership as the means of production and voluntary exchanges/contracts. In a command economy, governments own the factors of production such as land, capital, and resources. Most nations operate largely as a command or market economy but all include aspects of the other.

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Tim's Tools just issued a dividend of $2.22 per share on its common stock. The company is expected to maintain a constant 2.8 pe
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4 0
2 years ago
Delwazic Inc. is a multinational corporation (MNC) that creates products specialized for a few host countries. It manufactures b
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Answer:

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