adrianejhart adrianejhart
  • 01-09-2015
  • Social Studies
contestada

How does a command economy differ from a market economy?

Respuesta :

WorldCitizen WorldCitizen
  • 01-09-2015
In a command economy, the economy is decided by the state, who decides what will be produced and in what amounts, and how how it will cost (think: Soviet Russia).

In a market economy, the market decides: what is produced depends on the demand.
Answer Link

Otras preguntas

The chromosome number in animals is kept the same from one generation to the next because of _____. binary fission multiple fission mitosis meiosis
Angelina has five cakes. She wants to cut them into 2/5 pieces. How many pieces will she be able to cut?
Add the fractions and simplify the answer: 1/2 + 2/3
The progression from the producer to the consumers is called the ______. a. .potential energy. b. .tertiary consumer. c. .food chain. d. .roller coaster experim
Cecelia is taking a hike. She sees a pile of broken rocks near the base of a cliff. She should watch out for _____. glaciers flooding deltas rockfalls
You want to put $4,000 in a simple interest account. It has a 2.5% annual interest rate. How long will it take you to earn $500 in interest?
What are the three main techniques for creating unity in a piece of artwork?
Creeping obesity tends to occur as a person ages. a. True b. False
what is the answer for this
which statement about setting is true as it relates to a story