What is the main difference between command and market economies? In a command economy only, the government owns most of the businesses and means to make money. In a market economy, the government decides the prices to make sure everyone has equal ability to pay for items; in a command economy, all items are provided. A command economy is reflective of government regulation, while a market economy is reflective of what consumers want and need. Competition only hurts the market economy as companies change prices and goods to meet consumer wants.
Answers: 3
Another question on History
History, 22.06.2019 03:00
True or false: after the bonus army demonstrated around the capitol and lobbied senators, the senate passed the bonus billwhat did fdr speak to the american people about in his first fireside chat? how did the new deal assist workers? select all that apply.a, by funding public works projects b. by mandating an eight-hour dayc, by guaranteeing an income raise for alld, by guaranteeing a higher stock market
Answers: 1
History, 22.06.2019 04:30
Part a: which statement identifies the central idea of the text? a: the north was more powerful than the south and was always going to be the victor of the civil war. b: despite the obvious strength of the north, the outcome of the war was unpredictable at the time. c: the united states underestimated the strength of the south, giving it the upper hand. answer !
Answers: 1
History, 22.06.2019 06:30
Plz the 10 places that charles darwin stopped at to report his findings, and include dates?
Answers: 1
You know the right answer?
What is the main difference between command and market economies? In a command economy only, the gov...
Questions
Mathematics, 13.01.2021 04:30
History, 13.01.2021 04:30
Mathematics, 13.01.2021 04:30
Mathematics, 13.01.2021 04:30
Mathematics, 13.01.2021 04:30
Mathematics, 13.01.2021 04:30
Mathematics, 13.01.2021 04:30
Mathematics, 13.01.2021 04:30
