dani4life6
dani4life6 dani4life6
  • 30-03-2020
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A combination of market and command economy.

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harmanjit920
harmanjit920 harmanjit920
  • 30-03-2020

Answer:

Market economies utilize private ownership of the means of production and voluntary exchanges/contracts. In a command economy, governments own the factors of production such as land, capital, and resources. In reality, all economies blend aspects of the two.

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