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  • 16-09-2022
  • History
contestada

Give at least one example of a traditional, a command, and
a market economic system.
Plsss helppp

Respuesta :

misssarcastic1804
misssarcastic1804 misssarcastic1804
  • 16-09-2022

Answer:

Traditional-Guatemala Command- North Korea Market- U.S.

Alternatively, a command economy is organized by a centralized government that owns most, if not all, businesses and where government officials direct all the factors of production. East Germany, North Korea, and the former Soviet Union are all examples of command economies.

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