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1. What are the differences between a command economy and a market economy?
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1. What are the differences between a command economy and a market economy?

User Rastalamm
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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 such as land, capital, and resources.

Step-by-step explanation:

User Andrii Krupka
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