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Title: What is the difference between a command economy and a market economy? Post by: Yokav on Oct 8, 2017 What is the difference between a command economy and a market economy?
A) A command economy relies on centralized government control of the factors of production, while in a market economy supply and demand determine production and allocation decisions. B) A command economy is more efficient than a market economy. C) A market economy gives greater "life satisfaction" to people. D) A command economy is found only in communist countries, while a market economy is found only in capitalist countries. E) There really are no significant differences between a command economy and a market economy. Title: Re: What is the difference between a command economy and a market economy? Post by: RoBoCoP_96 on Oct 8, 2017 Content hidden
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