Economy, asked by yash4475347, 1 year ago

differentiate between planned economy and free market economy

Answers

Answered by AnshrajDwivedi

1

Answer:

To start out with, a command economy is planned, where the government decides the main economic decisions. Next, a market economy is when individuals are free to make their own decisions as they buy and sell products. So between both economies, the command economy is planned and the market economy is free.

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