Advanced Placement (AP)
Advanced Placement (AP), 17.06.2020 01:57, kmontello5

What is the key difference between command and market economies? A. A market economy places a strong emphasis on a small group holding responsibility for planning production.
B. A command economy considers private property essential to protect, while a market economy places no value on private property.
C. The basic economic questions are unaddressed in a market economy.
D. Households answer the basic economic questions in a market economy, while a group of leaders answer them in a command economy.
E. A command economy depends much more on the principle of the invisible hand.

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What is the key difference between command and market economies? A. A market economy places a stron...

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