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Using complete sentences, explain the differences between a command economy and a market economy. What type of economic system is created when these two systems are combined? What are the benefits of combining these two systems?

User Zhanwu
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Answer:

The market economy is an economy type where the private businesses dominate. The economy is open, the trade is on a large scale, and very often big percentage of the produced goods are exported, while others are imported.

Step-by-step explanation:

User Guilhermecgs
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