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12 July, 08:00

How does a command economy differ from a mixed market economy?

1. In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more property

rights.

2. In a command economy, citizens have more property rights. In a mixed market economy, citizens have fewer property

rights.

3In a command economy, citizens own all public property. In a mixed market economy, the government owns all private

property.

4. In a command economy, citizens own all private property. In a mixed market economy, the government owns all public

property

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Answers (1)
  1. 12 July, 10:29
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    In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more property rights.

    Explanation:

    In command economy, the government determines what goods, how much goods and what will be the price of the goods or services that will be sold. It also regulates investments and incomes.

    A command economy plans, organizes, and regulates all economic activities. whereas, in a mixed market economy, citizens have fewer property rights.

    Maximum command economies limit private property rights where people are not allowed to own all private property like their homes, businesses, and other productive resources.
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