Question

How does a command economy differ from a mixed market economy?

In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more
property rights.
In a command economy, citizens have more property rights. In a mixed market economy, citizens have fewer
property rights.
In a command economy, citizens own all public property. In a mixed market economy, the government owns all
private property.
In a command economy, citizens own all private property. In a mixed market economy, the government owns all
public property

Answer 1

A command economy and a mixed market economy differ in terms of property rights of citizens.

Step-by-step explanation:

In a command economy, the government has full control over the allocation of resources, production, and distribution of goods and services. Citizens have limited property rights as most property is owned by the state. Examples of command economies include North Korea and Cuba.

On the other hand, in a mixed market economy, both the government and private individuals have a role in the ownership of property. Private individuals have the right to own and control property, while the government also owns some public property.

Therefore, the correct statement is: In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more property rights.

Learn more about Command economy vs mixed market economy