Question

Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional questions. Online Content: Site 1 Who answers the three economic questions in a market economy? How is this different from a command economy? (Site 1)​

Answer 1

The market economy usually use of their own private ownership as a way of showing that the production voluntary exchange of a market economy contrasts. Governments, however, own factors of their own production activity, such as a capital of a state or maybe resources that most of the other states have such as their market economy. These can all be aspects of command economy and this is how it contrasts to a market economy.

Step-by-step explanation:

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Answer 2

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