which of there represents a primary difference between a market economy and a command economy? a both have…

which of there represents a primary difference between a market economy and a command economy? a both have minimal government regulation, but command economies promote competition to meet demands of the consumers. b both are largely regulated by the government, but command economies promote competition to meet demands of the consumers. c market economies are largely regulated by government, and there is little private ownership, while command economies do not have such regulation and allow for more private ownership. d command economies are largely regulated by government, and there is little private ownership of property, while market economies have far fewer regulations and allow for more private property ownership

which of there represents a primary difference between a market economy and a command economy? a both have minimal government regulation, but command economies promote competition to meet demands of the consumers. b both are largely regulated by the government, but command economies promote competition to meet demands of the consumers. c market economies are largely regulated by government, and there is little private ownership, while command economies do not have such regulation and allow for more private ownership. d command economies are largely regulated by government, and there is little private ownership of property, while market economies have far fewer regulations and allow for more private property ownership

Answer

Brief Explanations:

In a market - economy, there is more private ownership and less government control over production and distribution. In a command economy, the government makes most economic decisions and there is little private ownership.

Answer:

D. Command economies are largely regulated by government, and there is little private ownership of property, while market economies have far fewer regulations and allow for more private property ownership