Economy, asked by Efrin, 6 months ago

Difference between centrally planned economy and market economy

Answers

Answered by gk3977948

hello dear ❤️

$\huge\bold\blue\bigstar{Answer}$

A centrally planned economy is the one in which economic activities (production, consumption and exchange) are governed by the government. Market economy is the one in which economic activities (production, consumption and exchange) are governed by the marketforces of supply and demand

ೋ❀❀ೋ═══ • ═══ೋ❀❀ೋ

I hope it helps you dear ❤️

please mark me as a brainlist ❤️

ೋ❀❀ೋ═══ • ═══ೋ❀❀ೋ

$<!DOCTYPE html> <html> <svg width="100%" height="300px">\ \textless \ br /\ \textgreater \ <g id="R1" transform="translate(250 250)"> \ \textless \ br /\ \textgreater \ <ellipse rx="100" ry="0" opacity=".3">\ \textless \ br /\ \textgreater \ <animateTransform attributeName="transform" type="rotate" dur="7s" from="0" to="360" repeatCount="indefinite" />\ \textless \ br /\ \textgreater \ <animate attributeName="cx" dur="8s" values="-20; 220; -20" repeatCount="indefinite" />\ \textless \ br /\ \textgreater \ <animate attributeName="ry" dur="3s" values="10; 60; 10" repeatCount="indefinite" />\ \textless \ br /\ \textgreater \ </ellipse>\ \textless \ br /\ \textgreater \ </g><use xlink:href="#R1" transform="rotate(72 390 150)" />\ \textless \ br /\ \textgreater \ <use xlink:href="#R1" transform="rotate(144 390 150)" />\ \textless \ br /\ \textgreater \ <use xlink:href="#R1" transform="rotate(216 390 150)" />\ \textless \ br /\ \textgreater \ <use xlink:href="#R1" transform="rotate(288 390 150)" />\ \textless \ br /\ \textgreater \ </svg></body></html>$

Previous Question

Next Question