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In 35 words or fewer, describe a major distinction between free-market systems and command economies.
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In 35 words or fewer, describe a major distinction between free-market

systems and command economies.

User Nourza
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Answer:

Market economies utilize private ownership as the means of production and voluntary exchanges/contracts. In a command economy, governments own the factors of production and set prices and production schedules.

Step-by-step explanation:

User Na Pro
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