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a_sh-v [17]
3 years ago
10

traditional, market, command, and mixed economy? for each economy who would produce, how to produce, and for whom to produce).

Social Studies
1 answer:
RSB [31]3 years ago
5 0

Answer:

command, and market economiesanswer the economic questions of (1) what to produce, (2) how to produce, and (3) for whom to produce.

Explanation:

A laissez-faire economy is one in which the government plays a very limited role. In a command economy, also known as a planned economy, the government largely determines what is produced and in what amounts. In a mixed economy both market forces and government decisions determine which goods and services are produced and how they are distributed.

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