Which kind of economic system is best for raising a country's standard of living?

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asked Jun 25, 2018 69.1k views

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Ildiko · Answer 1 · 2018-06-30T13:16:10+0000

Command: the government owns and decides what to do with it
Traditional: made the way that they have always made
Market: individuals own and decide what to do with scarce resources.
I hope this helped.

Which kind of economic system is best for raising a country's standard of living?

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