Describe the differences between a command economy and a traditional economy.

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asked Dec 22, 2023 96.9k views

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Davitenio · Answer 1 · 2023-12-27T07:50:23+0000

Command economy: production, investment, pricing and income are determined by the government

traditional economy: a system that relies on customs, history and time honored beliefs

Describe the differences between a command economy and a traditional economy.

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