flawlesslundin23 flawlesslundin23
  • 09-11-2021
  • Social Studies
contestada

How are traditional and command economies similar in terms of who controls the economy?

Respuesta :

thohiele
thohiele thohiele
  • 09-11-2021

Answer: A traditional economy is one where the production and distribution of goods is based on custom and cultural traditions. A command economy is one where the means of production are owned collectively, and decisions about what to produce and how goods are distributed are made by a centralized authority.

Explanation:

Hope This Helps!

Answer Link

Otras preguntas

there 5 panakes in a stack.Elise make 40 pankcankes. How many stacks does Elise make?
Classicism vs. Romanticism Consider the differences between classicism and romanticism. Then place each concept in the correct category celebrated the individua
how long did Neanderthal live
Every ten minutes, Frankie follows a pattern in creating a new group of drawings. Below, you can see how many total drawings Frankie has created by the end of e
Using the conversion 1 mile equals 1.6093 km to convert 4.9 kilometers to miles, round o the nearest tenth of a mile
Find the value of x in each case:
In △ABC, AB = BC = 20 and DE ≈ 9.28. Approximate BD.
a bird statue with a mass 0.2 kg hangs from a rubber band with spring constant 30 N/m.How much is the rubber band stretched when the statue hangs motionless
when charted on a graph, production possibilities frontiers tend to curve because they show
what is non lustrous ?