Compare and contrast traditional economy and and a command economy

Question

asked Jul 10, 2021 205k views

1 Answer

Tsardines · Answer 1 · 2021-07-15T21:50:46+0000

Answer:

A traditional economy is one where the production and distribution of goods is based on custom and cultural traditions. A command economy is one where the means of production are owned collectively, and decisions about what to produce and how goods are distributed are made by a centralized authority.

Step-by-step explanation:

Compare and contrast traditional economy and and a command economy

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

No related questions found

Categories

Other Questions