Do any economic systems in the world reflect the purest forms of command or laissez-faire economies?

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27 January, 14:45

Do any economic systems in the world reflect the purest forms of command or laissez-faire economies?

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Tom · Answer 1

No, there is no any economic systems in the world that reflect the purest forms of command or laissez-faire economics.

Because in most economies, government plays an important role and if it is not, there is some kind of involvement of government is must be in the system. The government can use many ways to involve in the economic system.