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Which best describes the difference between a market and a command economy?

a: In a market economy, the government has total control over economic decisions; in a command economy, the government has no control over economic decisions.

b: In a market economy, decisions are made according to customs and traditions; in a command economy, the government has no control over economic decisions.

c: In a market economy, the government has no control over economic decisions; in a command economy, economic decisions are made according to customs and traditions.

d: In a market economy, the government has no control over economic decisions; in a command economy, the government has ultimate control over economic decisions.

2 Answers

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Answer: d: In a market economy, the government has no control over economic decisions; in a command economy, the government has ultimate control over economic decisions.

Step-by-step explanation:

User Ferie
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d). Is your answer

Explained: In a market economy, the government has no control over economic decisions; in a command economy , the government has ultimate controls over economic decisions
User Ahrimann Steiner
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