Ask Question
Today, 10:25

For which of the following types of economies would the factors of production depend on the relative distribution of market forces versus command forces?

+5
Answers (1)
  1. Today, 13:49
    0
    Mixed economy

    Explanation:

    Note that the command forces here represents socialism implying Governmental control of land resources, labor, capital and control of some industries.

    The factors of production (land, labour, capital) in a mixed economy would indeed depend on the relative distribution of market forces versus command forces.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “For which of the following types of economies would the factors of production depend on the relative distribution of market forces versus ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers