Question

Which economic system has a combination of command and market economies?

Answer 1

Answer:

In a centrally planned economy, the government makes decisions, instead of consumers and businesses. In reality, there are no pure market economies. Rather, most countries are a combination of centrally planned and market economies, better known as a mixed economic system.

Answer 2

Answer:

A mixed economic system has features of both a command and a free-market system. because it is partly controlled by the government and partly based on the forces of supply and demand.