Compare and contrast the characteristics of command and mixed-market economic systems, and give one example of each.

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asked Sep 8, 2024 158k views

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Saikou · Answer 1 · 2024-09-14T20:37:57+0000

Answer:Command economies are characterized by large surpluses and shortages, monopolies, and prices set by the government. Mixed economies are characterized by corporate profitability, the use of fiscal and monetary policies to stimulate growth, and the existence of a public and private sector.

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Compare and contrast the characteristics of command and mixed-market economic systems, and give one example of each.

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