Final answer:
A command economy differs from a mixed market economy in terms of property rights and ownership. In a command economy, the government controls most of the property and resources, resulting in fewer property rights for citizens. In a mixed market economy, individuals and private businesses have more property rights and control over resources.
Step-by-step explanation:
A command economy differs from a mixed market economy in terms of property rights and ownership. In a command economy, the government has control over the allocation of resources and the decisions regarding production and distribution. This means that citizens have fewer property rights as the government controls most of the resources and property. On the other hand, in a mixed market economy, citizens have more property rights as individuals and private businesses own and control property and resources.
In a command economy, the government typically owns and controls public property, such as factories, infrastructure, and natural resources. The government makes decisions about how these resources are used and allocated. In contrast, in a mixed market economy, private individuals and businesses own and control private property, while the government may own some public property.
It is important to note that both types of economies have their own advantages and disadvantages. A command economy can provide stability and ensure equal distribution of resources, but it may limit individual freedoms and entrepreneurial opportunities. A mixed market economy allows for greater individual freedoms and innovation, but it may also lead to income inequalities and market failures.
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