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Economics
Economic Systems
Market Economy vs Command Economy
Which most satisfies a consumers wants, a market economy or a command economy?
1 answer
A market economy produces anything and everything consumers ever even think about buying.
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Similar Questions
Which economic system gives producers and consumers the most power to make economic decisions?
(1 point) Responses mixed economy
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The market economy gives producers and consumers the most power to make economic decisions.
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A system that gives producers and consumers the most power when making economic decisions is what type of economic system? (1
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market economy
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A system that gives producers and consumers the most power when making economic decisions is what type of economic system? (1
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market economy
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In which type of economy do people make economic decisions based on their group's ancestral customs and ways of life?
(1 point)
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traditional economy
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In which type of economy do people make economic decisions based on their group's ancestral customs and ways of life?
(1 point)
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traditional economy
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The South African economy can BEST be described as a
Responses Acommand economy. command economy. Btraditional economy.
Top answer:
Dmixed market economy.
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Which term refers to an economic system with a mix of private investment and government control?
Responses command economy
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hybrid economy
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Which type of economic system has the highest level of government control?
(1 point) Responses traditional economy traditional
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command economy
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Which type of economic system has the highest level of government control?
(1 point) Responses traditional economy traditional
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The command economy has the highest level of government control.
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How is a market economy different from a command economy?
Responses A market economy is one in which producers use traditional
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Natural resources are most important in a market economy, while labor and capital are most important
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Related Questions
Drag and drop the country names to classify them by type of economy that they have today.
a. China, b. Japan ,c. Mongolia, d.
Drag and drop each statement into the box with the economy it best reflects.
[ Command economy ] [ Market economy ] Choices;
1. Drag and drop each statement into the box with the economy it best reflects.
command economy market economy Business owners
Considering the state of the Soviet Economy, it can be said that:
Question 2 options: a command economy is disastrous and
Drag and drop the country names to classify them by type of economy that they have today.
China added to South Korea command
Which type of economy is most likely to participate in free trade?(1 point)
Responses a command economy a command economy a mixed
Which economic system gives producers and consumers the most power to make economic decisions?
(1 point) Item Iter Iter • mixed
In which type of economy does consumer preference play the GREATEST role in determining economic activity?
A. mixed economy B.
In which type of economy does consumer preference play the GREATEST role in determining economic activity?
A. mixed economy B.
Drag and drop the country names to classify them by type of economy that they have today.
(2 points) Put responses in the correct