the difference between a centralized economy and a market economy is that: o the centralized economy does…

the difference between a centralized economy and a market economy is that: o the centralized economy does not have any markets for goods and services, whereas a market economy has fully functioning markets. o governments make production decisions in a centralized economy, and individuals make production decisions in a market economy. o governments have maximum decision - making power in a centralized economy but have zero decision - making power in a market economy. o individuals make production decisions in a centralized economy, and the government makes production decisions in a market economy.
Answer
Brief Explanations:
In a market economy, individuals make production decisions. In a centralized economy, governments do. This differentiates the two.
Answer:
Individuals make production decisions in a market economy, and governments make production decisions in a centralized economy.