Economy, asked by vaibhudhano06, 9 months ago

distinguished between centrally planned economy and market economy

point wise

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Answered by ap1861450

2

Explanation:

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Answered by Anonymous

1

Explanation:

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 market forces of supply and demand.

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