For which of the following types of economies would the factors of production depend on the relative distribution of market forces versus command forces?

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asked Oct 14, 2021 159k views

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Angelos Pikoulas · Answer 1 · 2021-10-19T20:59:39+0000

Answer:

Mixed economy

Step-by-step explanation:

Note that the command forces here represents socialism implying Governmental control of land resources, labor, capital and control of some industries.

The factors of production (land, labour, capital) in a mixed economy would indeed depend on the relative distribution of market forces versus command forces.

For which of the following types of economies would the factors of production depend on the relative distribution of market forces versus command forces?

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