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Bumek [7]
3 years ago
10

Explain the different types of economies​

Social Studies
2 answers:
MAVERICK [17]3 years ago
5 0

Answer:

There are two major economics.

Explanation:

* Microeconomics-which focuses on the behaviour of individual consumers and producers , and macroeconomics which examine overall economics on a regional , national and international

*Traditional

*command

* Market

*Mixed

never [62]3 years ago
3 0

There are four different types of Economic Systems; a traditional economy, a market economy, a command economy, and a mixed economy.

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The differences that exists between welfare capitalism and classical liberalism is that:

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This is a market system that is mostly about the laissez faire system in an economy. It is one that advocates for free markets.

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This is one that involves businesses and firms providing welfare services to the people that they employ.

Read more on classical liberalism here: brainly.com/question/12500157

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