flawlesslundin23 flawlesslundin23
  • 09-11-2021
  • Social Studies
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How are traditional and command economies similar in terms of who controls the economy?

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thohiele
thohiele thohiele
  • 09-11-2021

Answer: A traditional economy is one where the production and distribution of goods is based on custom and cultural traditions. A command economy is one where the means of production are owned collectively, and decisions about what to produce and how goods are distributed are made by a centralized authority.

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