Comparing use your notes to describe the differences
between a market economy and a command economy.

Market economies utilize private ownership of the means of production and voluntary exchanges/contracts. In a command economy, governments own the factors of production such as land, capital, and resources. In reality, all economies blend aspects of the two.

Explanation:

A market economy is based off of privately owned organizations and companies that produce products (by means of voluntary exchanges and contracts) and services that make up the economy, while command economies  production factors owned and run by the government (such as capital, land, and resources) Most governments are a blend of the two .

Explanation:

its b they wanted to be able to expand their trade..

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