multiple - choice question\nwhat are two different types of economies.\nmarket economies and planned…
multiple - choice question\nwhat are two different types of economies.\nmarket economies and planned economies\ntraditional economies and communist economies\nrewatch
Answer
Brief Explanations:
Market economies are based on supply - demand and private ownership, while planned economies have central government control over production and distribution. Traditional economies rely on customs and traditions, and the term 'Communist economies' is not a standard economic type classification like the first two.
Answer:
Market Economies and Planned Economies