Question

Compared to market economies, command economies are usually

A. less efficient
B. more efficient.
C. less government driven.
D. more consumer driven.

Answer 1

Market economies utilize private ownership as the means of production and voluntary exchanges/contracts. In a command economy, governments own the factors of production such as land, capital, and resources. Most nations operate largely as a command or market economy but all include aspects of the other.

Step-by-step explanation: