History, 10.11.2020 04:50 dakotapixler362
Which statement best compares a traditional economy and a command economy?
Economic decisions are based on tradition and culture in a traditional economy, while trade is limited to barter in a
command economy.
Individuals have little control of economic decisions in a traditional economy, while the government owns all of the
resources in a command economy.
Methods for farming, hunting, and gathering change little over time in a traditional economy, while there is no
competition to produce goods and services in a command economy.
Economic decisions are made by the government in a traditional economy, while the government sets the prices of
goods and services and distributes them in a command economy.
Answers: 1
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Which statement best compares a traditional economy and a command economy?
Economic decisions are b...
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