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Command economy VS Market economy Flashcards Quizlet

WebIn a command economy, also known as a planned economy, the government largely determines what is produced and in what amounts. In a mixed economy both market forces and government decisions determine which goods and services are produced and how they are distributed. Welfare refers to government efforts to provide for people's basic needs. WebCommand or Planned - A command economy is one where the government closely controls the economy. The government determines what goods are manufactured, the price they will be sold, and who gets the profits. The government owns many of the major industries. Mixed - A mixed economy is a combination of a market and a command … king\\u0027s ridge christian school

What is a Command Economy? - 2024 - Robinhood

http://api.3m.com/command+vs+market+economy WebThis activity is designed for students to understand the difference between market and command economy. They are given different resources and directions that mirror what each economy is like while they are producing goods. They will then examine the results each "economy" had on the students’ motivation, good production, quality and quantity. http://api.3m.com/command+vs+free+market+economy lymphatic drainage massage tracy ca