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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The best way to prevent suicide is to have them call the suicide hotline.
But there are other ways, such as showing him that there is a point and possibly asking him about what's wrong and why he's upset. If something of the worse happens seek medical help.
If an industry takes over a local food place you like, and changes things. You might stop eating there.
Industry's can grow the economy of certain cities, which attracts more people.
