Economy, asked by manojkumarsingh76son, 10 months ago

difference between market economy and non market economy​

Answers

Answered by VK243232
0

Explanation:

In a command economy, macroeconomic and political considerations determine resource allocation, whereas, in a market economy, the profits and losses of individuals and firms determine resource allocation. Command economies are concerned with providing basic necessities and opportunities to all members.

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