3) A command economy is different than other economic systems because a central authority (such as a king, dictator, or president) makes major economic decisions about what, how and for whom to produce.
4) Market economies tend to be more efficient than traditional or command economies because the people make decisions to suit their own best interests. They spend money on the products they want most, which tells producers WHAT people want. Businesses can find the best production methods of HOW to produce. The income consumers earn and spend in the market determines FOR WHOM to produce. This answers the 3 economic questions. Markets allow buyers and sellers to come together and exchange goods and services.
6) Market economies are more innovative than traditional or command economies because market economies are able to adjust to change gradually, there's a lack of government interference, decentralized decision making, incredible variety of goods and services, individual freedom for everyone and a high degree of consumer satisfaction.
3.) A command economy differs from, other economic systems in that a central authority makes the major decisions about what, how, and for whom to produce. 4.) Market economies tend to be more efficient than traditional or command economies because people make decisions in their own best interests, as opposed to a command economy where a central authority makes decisions for you. 6.) Market economies are more innovative than either traditional or command economies because they can offer the consumer to come in and make the personal decision on whether or not they'd like to purchase their product.
3. A command economy differs from other econmic system by command economy can be eaded by king, a dictator, a president, or anyone who makes the major econmic decisions. 4.Market economies tends to be more efficient then traditional or command economies because people make disions in their own best interest. which will then tell the producer what product it is that people want.which in traditional economy the use of scarce resources is the most econmic activity which are followed by ritual, habits, or custom. in command economies central authority would make the decision. 6. Market economies are more innovative than either traditional or command economies because in a market economy the government trades, buys, and sells products from different countries. Market economies can be more innovative because they allow people to be exposed to new cultures and inventions. A command economy is where the central government controls everything.
3).A command economy differs from the other economic systems by being a central authority of major decisions. For instance , a president, or other high important people/figures who make major economic decisions.
4). Market economies tend to be more efficient than traditional or command economies because it is charcaterized by a great deal of freedom, priavte ownership of resources, and people being able to make decisions in thier own best interest.
6). Market economies are more innovative than either traditional or command economies because it adjusts gradually to change over time,producers are free to decide where and when they want to work, small amount/dgree amount of goverment interference, and billions, if not trillions of individual economic decisions are made daily.
Alex Kaufman 3) A command economy differs from other economic systems in which a command one the government regulates prices; the states determine the distribution of resources; socialism is an example of a command economy (also known as a "planned economy"). 4) Market economies are usually more efficient than traditional or command economies because prices and goods are established in a free price system. This system is greatly regulated by the state. 6) Market economies are more innovative than either traditional or command economies because within a market system the government sells, trades, and buys goods from other countries. Market economies can lead to a combination of new cultures and creativity.
3. A command economy focuses on the three basic questions of economics. What to produce, how to produce it, and for whom to produce it for. A command economy can be lead by anyone who makes major economic decisions, such as a king, a dictator, or a president.
4. Market economies tend to be more efficient because they are able to adjust to change gradually, which is helpful in our everyday changing world. They give individual freedom to everyone and there is a high degree of consumer satisfaction.
6. Market economies are more innovative because it helps producers which products people want, answering one of the basic questions of economics, what to produce? Market economy gives a high degree of individual freedom, which also leads to a small degree of government interference. There is also a high degree of consumer satisfaction.
3. A command economy can be headed by a king, president, dictator, or anyone else who makes major economic decisions. Major decisions are what to produce, how to produce it , and for whom to produce it for. In a command economy, a central authority makes the major decisions.
4. Market economies tend to be more efficient than traditional economies because it is characterized by a great deal of freedom. People make their decisions in their own best interest. They tend to be more efficient because people can spend their money on the products that they want most. Also, there is a high degree of consumer satisfaction.
6. Market economies are more innovative because they allow the consumer to purchase what they want, when they want. The market economy adjusts gradually over time, instead of all at once.
3. a command economy differs from other economic systems because it has a central authority that makes major decisions about what, how and for whom to produce. 4. Market economies tend to be more efficient than traditional or command economies because people make decisions in their own best interest. 6. market economies are more innovative than either traditional or command economies because it involves an arrangement that allows buyers and sellers to come together to exchange goods and services. And it could be in a physical location or not such as the Internet. No matter the form it can exist as long as a mechanism is in place for buyers and sellers to meet.
3) A command economy is different from other economic systems because it has one person such as a dictator making the decisions about the economy. The people don't get to choose what to produce or sell and what price to sell it for. 4) Market economies tend to be more efficient because they give the people a say in the economy. The people get to choose what to make and what they would like to buy. People also have the right to open their own businesses and charge whatever they want for their goods or services. 6)Market economies are more innovative than other economies because they adjust over time to the wants and needs of the people. It also allows people to make their own decisions, making them more likely to want to participate in the economy by purchasing goods.
3.A command economy differs from another economy because a command economy is a central authority that makes the major decisions about what,how or whom. A command economy can be headed by one major person. Another economy can use the scarce resources. 4. Market economies tend to be more efficient than traditional or command economies because people make decisions in their own best interest. Which makes buyers and seller come together to exchange goods and services. 6. A market economy is characterized by a great deal of freedom. People can spend their money on the products they want most. As to where a traditional economy use the scarce resources and nearly all other economic activity.
3) A command economy differs from other economic systems because it focuses on whom, what, and how. 4) Market economies tend to be a more efficient economy because it allows the people to make decisions. The people can open their own business, make their own prices, and make their own wages. 6) A market economy is more innovative because it brings new ideas to the United States. It allows the government to trade, buy, or sell goods to different countries. With doing that, it gives the United States more ideas and creativity to work off of.
3. A command economy differs from the other economic systems because the government controls what to produce, how to produce, and for whom to produce. The central authority can be a president, a dictator, or the government.
4. A market economy tends to be more efficient because people can open their own shops, make their own wages and buy what ever they want. The government does not control what you buy. People have the right to open their own businesses and hire the workers. People can spend their money on what they need
6. A market economy is more innovative than a command economy or a traditional economy because it satisfies the wants of the people and people can make their own decisions
3. Command economy differs from other economic systems because in this type of system, the central authority makes the major decisions about what, how, and for whom to produce. A command economy can be headed by a king, dictator, president, etc.
4. Market economies tend to be more efficient than traditional or command economies because people are able to be involved in a market which is arrangements that allow buyers and sellers to come together to exchange goods and services.
6. Market economies are more innovative than either traditional or command economies because they allow people to be able to control what economic decisions they want to make.
3. In a command economy, a central authority makes the major decisions about what, how, and for whom to produce. A command economy can be headed by a king, a dictator, a president, or anyone else who makes the major economic decisions.
4. A market is an arrangement that allows buyers and sellers to come together to exchange goods and services.
6. A market might be in a physical location, such as farmers' market, or on an internet site, such as eBay. Regardless of its form, a market can exist as long as a mechanism is in place for buyers ad sellers to meet.
3) In a command the central government controls all means of production. There is no freedom among consumers or sellers, creatig a stagnant market. Other economic systems like a market economy have a lot more freedom and competition.
4) Market economies are far more useful because the best products and services are offered due to competition. With the freedom to spend money however a person wants, the economy is greatly effected in a good way.
6) The innovation of the market economy is how people have the freedom to use and spend their money how ever they want. The market economic system is more effective in todays world, making it more "innovative".
3.) Command economy differs from other economic systems because unlike the other economic systems there is a central authority who makes the major decisions about what, how and for whom to produce. 4.) Market economies tend to be more efficient than traditional/command economies because it gives the freedom to the people to decide there wages and prices, allowing competition among businesses. 6.) Market economy is more innovative then the other economies because it allows workers to create competition through there own pricing and advertising.
3. a command economy means that a central authority such as a dictator or king, makes the major decisions about what, how, and for whom to produce.
4. market economies tend to be more efficient than traditional or command economies because in a market economy, people have more independence to make their own choices with business and money.
6. market economies are more innovative than either traditional or command economies because people can exchange goods and services based on their personal choices and what they want or like. they can also take more business risks because they have the freedom to open up whatever business they can that's legal.
3. A Command economy differs from the other economic systems because it is the only economic system that has the government dictate everything such as setting the prices and work wages.
4. Market economies tend to be more efficient than traditional or command economies because of their advantages. A market economy has a high degree of individual freedom. It also adjusts gradually to change over time. There is a small degree of government interference. Decision making is decentralized. There is a variety of goods and services. And lastly there is a high degree of consumer satisfaction.
6. Market economies are more innovative than either traditional or command economies because the people have the freedom to bring about new things and charge how ever much they want.
3. A command economy differes from the other economic systems because it has a central authority that makes major decisions about what, how and for whom to produce.
4. Market economies tend to be more efficient because people can make their own decisions. The people can decide their own prices and wages .
6. Market economies are more innovative because it allows peoples to make their own economic decisions .
3. Command Economy is different from other economics because this is when the central authority makes the decisions for the people.
4.Market economies tend to be more efficient because this allows people to make their decisions allowing people to open their own business.
6.market economies are more innovative then either traditional or command economics because this ables people to exchange goods with other people with whatever prices they want.
3. a command economy is different from other economics systems because a central authority makes the major decisions about what to produce, how to produce it and for who
4. Market economies tend to be more efficent than traditional or command economies because the people make their own decisions
6. Market economies are are more innovative than traditinal and or command economies because it allows buyers and sellers to come together to exchange goods and services
3.) A command economy is when the government is the central authority that makes the major decisions about what, how and for whom to produce. 4.) Market economies allow people to start whatever business they want or to go into any profession. Market economies promote individual initiative and competitive. 6.) Market economies are more innovative than command economies because market economies allow people to start their own business and go into whatever profession they choose as opposed to a command economy, where all aspects of the economy are controlled by the government.market economies promote individual initiative.
3. In a Command Economy, a central authority makes all economic decisions. The government decides who, what, and how to produce.
4. A market economy is more efficient because it allows more economic freedom than a command. Citizens can establish their own businesses and create more jobs for people who will have money to spend and increase the economic activity.
6. Market economies are more innovative because they allow citizens to choose jobs they desire, as well as work up to greater positions and a chance at greater economic wealth. - Matt Treppiedi
3. A command economy is when a central authority makes the major decisions about WHAT, HOW, and FOR WHOM to produce. IT can be headed by a king, dictator, president. All other economic systems are not run by the government entirely. 4. traditional economies are bad because they tend to draw knew ideas away. Command economies are bad because they tend to ignore basic needs of their customers. Unlike these market economies tend to be a free place to do what ever you want which is why it is better. 6. MArket economies allow for freedom which brings about new techniques, ideas and ways of doing things. On the other hand, traditional econmies and command econmies tend to shun new ideas.
3. The command economy is different from all the other economies because it has at least one central authority that makes the major decisions on what to produce, how to produce, and for whom to produce. 4. Market economies are more efficient than traditional or command economies because it gives citizens the freedom to do whatever they want with their money wether they want to start a business of their own or spend money on products that fit their best interests. 6. Market economies are more innovative because the freedom for citizens to use their money however they want leaves more room for their imagination which can bring new inventions or businesses.
3. A command economy differs from other economic systems because in a command economy the central authority like a dictator makes all the major econmic desicion while the other ecoconmic systems the government has little control 4. A market economy is mre efficient than tradional or cammand because indivduals have more economic freedom, and lack of government interference 6.A market economy is more innovative because the people can do anything they want with their money, and start thier own business. and
3. A command economy can be headed by a king, president, dictator, or anyone else who makes major economic decisions.In a command economy, a central authority makes the major decisions.
4. Market economies tend to be more favored than traditional economies because it gives people more economic because there is a strong goverment influense
6. Market economies are more innovative because they allow the consumer to purchase what they want, when they want because it is their money and there are no limits to what to buy because of this the market economy will gradually adjust over sometime instead of all at one time.
3) A command economy is different than other economic systems because a central authority (such as a king, dictator, or president) makes major economic decisions about what, how and for whom to produce.
ReplyDelete4) Market economies tend to be more efficient than traditional or command economies because the people make decisions to suit their own best interests. They spend money on the products they want most, which tells producers WHAT people want. Businesses can find the best production methods of HOW to produce. The income consumers earn and spend in the market determines FOR WHOM to produce. This answers the 3 economic questions. Markets allow buyers and sellers to come together and exchange goods and services.
6) Market economies are more innovative than traditional or command economies because market economies are able to adjust to change gradually, there's a lack of government interference, decentralized decision making, incredible variety of goods and services, individual freedom for everyone and a high degree of consumer satisfaction.
3.) A command economy differs from, other economic systems in that a central authority makes the major decisions about what, how, and for whom to produce.
ReplyDelete4.) Market economies tend to be more efficient than traditional or command economies because people make decisions in their own best interests, as opposed to a command economy where a central authority makes decisions for you.
6.) Market economies are more innovative than either traditional or command economies because they can offer the consumer to come in and make the personal decision on whether or not they'd like to purchase their product.
3. A command economy differs from other econmic system by command economy can be eaded by king, a dictator, a president, or anyone who makes the major econmic decisions.
ReplyDelete4.Market economies tends to be more efficient then traditional or command economies because people make disions in their own best interest. which will then tell the producer what product it is that people want.which in traditional economy the use of scarce resources is the most econmic activity which are followed by ritual, habits, or custom. in command economies central authority would make the decision.
6. Market economies are more innovative than either traditional or command economies because in a market economy the government trades, buys, and sells products from different countries. Market economies can be more innovative because they allow people to be exposed to new cultures and inventions. A command economy is where the central government controls everything.
Jordan Verneus :
ReplyDelete3).A command economy differs from the other economic systems by being a central authority of major decisions. For instance , a president, or other high important people/figures who make major economic decisions.
4). Market economies tend to be more efficient than traditional or command economies because it is charcaterized by a great deal of freedom, priavte ownership of resources, and people being able to make decisions in thier own best interest.
6). Market economies are more innovative than either traditional or command economies because it adjusts gradually to change over time,producers are free to decide where and when they want to work, small amount/dgree amount of goverment interference, and billions, if not trillions of individual economic decisions are made daily.
Alex Kaufman
ReplyDelete3) A command economy differs from other economic systems in which a command one the government regulates prices; the states determine the distribution of resources; socialism is an example of a command economy (also known as a "planned economy").
4) Market economies are usually more efficient than traditional or command economies because prices and goods are established in a free price system. This system is greatly regulated by the state.
6) Market economies are more innovative than either traditional or command economies because within a market system the government sells, trades, and buys goods from other countries. Market economies can lead to a combination of new cultures and creativity.
Alexandra Samosiuk
ReplyDelete3. A command economy focuses on the three basic questions of economics. What to produce, how to produce it, and for whom to produce it for. A command economy can be lead by anyone who makes major economic decisions, such as a king, a dictator, or a president.
4. Market economies tend to be more efficient because they are able to adjust to change gradually, which is helpful in our everyday changing world. They give individual freedom to everyone and there is a high degree of consumer satisfaction.
6. Market economies are more innovative because it helps producers which products people want, answering one of the basic questions of economics, what to produce? Market economy gives a high degree of individual freedom, which also leads to a small degree of government interference. There is also a high degree of consumer satisfaction.
3. A command economy can be headed by a king, president, dictator, or anyone else who makes major economic decisions. Major decisions are what to produce, how to produce it , and for whom to produce it for. In a command economy, a central authority makes the major decisions.
ReplyDelete4. Market economies tend to be more efficient than traditional economies because it is characterized by a great deal of freedom. People make their decisions in their own best interest. They tend to be more efficient because people can spend their money on the products that they want most. Also, there is a high degree of consumer satisfaction.
6. Market economies are more innovative because they allow the consumer to purchase what they want, when they want. The market economy adjusts gradually over time, instead of all at once.
3. a command economy differs from other economic systems because it has a central authority that makes major decisions about what, how and for whom to produce.
ReplyDelete4. Market economies tend to be more efficient than traditional or command economies because people make decisions in their own best interest.
6. market economies are more innovative than either traditional or command economies because it involves an arrangement that allows buyers and sellers to come together to exchange goods and services. And it could be in a physical location or not such as the Internet. No matter the form it can exist as long as a mechanism is in place for buyers and sellers to meet.
3) A command economy is different from other economic systems because it has one person such as a dictator making the decisions about the economy. The people don't get to choose what to produce or sell and what price to sell it for.
ReplyDelete4) Market economies tend to be more efficient because they give the people a say in the economy. The people get to choose what to make and what they would like to buy. People also have the right to open their own businesses and charge whatever they want for their goods or services.
6)Market economies are more innovative than other economies because they adjust over time to the wants and needs of the people. It also allows people to make their own decisions, making them more likely to want to participate in the economy by purchasing goods.
3.A command economy differs from another economy because a command economy is a central authority that makes the major decisions about what,how or whom. A command economy can be headed by one major person. Another economy can use the scarce resources.
ReplyDelete4. Market economies tend to be more efficient than traditional or command economies because people make decisions in their own best interest. Which makes buyers and seller come together to exchange goods and services.
6. A market economy is characterized by a great deal of freedom. People can spend their money on the products they want most. As to where a traditional economy use the scarce resources and nearly all other economic activity.
3) A command economy differs from other economic systems because it focuses on whom, what, and how.
ReplyDelete4) Market economies tend to be a more efficient economy because it allows the people to make decisions. The people can open their own business, make their own prices, and make their own wages.
6) A market economy is more innovative because it brings new ideas to the United States. It allows the government to trade, buy, or sell goods to different countries. With doing that, it gives the United States more ideas and creativity to work off of.
3. A command economy differs from the other economic systems because the government controls what to produce, how to produce, and for whom to produce. The central authority can be a president, a dictator, or the government.
ReplyDelete4. A market economy tends to be more efficient because people can open their own shops, make their own wages and buy what ever they want. The government does not control what you buy. People have the right to open their own businesses and hire the workers. People can spend their money on what they need
6. A market economy is more innovative than a command economy or a traditional economy because it satisfies the wants of the people and people can make their own decisions
3. Command economy differs from other economic systems because in this type of system, the central authority makes the major decisions about what, how, and for whom to produce. A command economy can be headed by a king, dictator, president, etc.
ReplyDelete4. Market economies tend to be more efficient than traditional or command economies because people are able to be involved in a market which is arrangements that allow buyers and sellers to come together to exchange goods and services.
6. Market economies are more innovative than either traditional or command economies because they allow people to be able to control what economic decisions they want to make.
3. In a command economy, a central authority makes the major decisions about what, how, and for whom to produce. A command economy can be headed by a king, a dictator, a president, or anyone else who makes the major economic decisions.
ReplyDelete4. A market is an arrangement that allows buyers and sellers to come together to exchange goods and services.
6. A market might be in a physical location, such as farmers' market, or on an internet site, such as eBay. Regardless of its form, a market can exist as long as a mechanism is in place for buyers ad sellers to meet.
3) In a command the central government controls all means of production. There is no freedom among consumers or sellers, creatig a stagnant market. Other economic systems like a market economy have a lot more freedom and competition.
ReplyDelete4) Market economies are far more useful because the best products and services are offered due to competition. With the freedom to spend money however a person wants, the economy is greatly effected in a good way.
6) The innovation of the market economy is how people have the freedom to use and spend their money how ever they want. The market economic system is more effective in todays world, making it more "innovative".
3.) Command economy differs from other economic systems because unlike the other economic systems there is a central authority who makes the major decisions about what, how and for whom to produce.
ReplyDelete4.) Market economies tend to be more efficient than traditional/command economies because it gives the freedom to the people to decide there wages and prices, allowing competition among businesses.
6.) Market economy is more innovative then the other economies because it allows workers to create competition through there own pricing and advertising.
3)A command economy is a central authority that makes decisions about what, how, and for whom to produce.
ReplyDelete4) A market economy is when people make decisions in their own best interest.
6) A market economy is more innovative because is allows buyers and sellers to come together to exchange goods and services.
3. a command economy means that a central authority such as a dictator or king, makes the major decisions about what, how, and for whom to produce.
ReplyDelete4. market economies tend to be more efficient than traditional or command economies because in a market economy, people have more independence to make their own choices with business and money.
6. market economies are more innovative than either traditional or command economies because people can exchange goods and services based on their personal choices and what they want or like. they can also take more business risks because they have the freedom to open up whatever business they can that's legal.
3. A Command economy differs from the other economic systems because it is the only economic system that has the government dictate everything such as setting the prices and work wages.
ReplyDelete4. Market economies tend to be more efficient than traditional or command economies because of their advantages. A market economy has a high degree of individual freedom. It also adjusts gradually to change over time. There is a small degree of government interference. Decision making is decentralized. There is a variety of goods and services. And lastly there is a high degree of consumer satisfaction.
6. Market economies are more innovative than either traditional or command economies because the people have the freedom to bring about new things and charge how ever much they want.
3. A command economy differes from the other economic systems because it has a central authority that makes major decisions about what, how and for whom to produce.
ReplyDelete4. Market economies tend to be more efficient because people can make their own decisions. The people can decide their own prices and wages .
6. Market economies are more innovative because it allows peoples to make their own economic decisions .
Alyssa Raldirez
ReplyDelete3. Command Economy is different from other economics because this is when the central authority makes the decisions for the people.
4.Market economies tend to be more efficient because this allows people to make their decisions allowing people to open their own business.
6.market economies are more innovative then either traditional or command economics because this ables people to exchange goods with other people with whatever prices they want.
3. a command economy is different from other economics systems because a central authority makes the major decisions about what to produce, how to produce it and for who
ReplyDelete4. Market economies tend to be more efficent than traditional or command economies because the people make their own decisions
6. Market economies are are more innovative than traditinal and or command economies because it allows buyers and sellers to come together to exchange goods and services
3.) A command economy is when the government is the central authority that makes the major decisions about what, how and for whom to produce.
ReplyDelete4.) Market economies allow people to start whatever business they want or to go into any profession. Market economies promote individual initiative and competitive.
6.) Market economies are more innovative than command economies because market economies allow people to start their own business and go into whatever profession they choose as opposed to a command economy, where all aspects of the economy are controlled by the government.market economies promote individual initiative.
3. In a Command Economy, a central authority makes all economic decisions. The government decides who, what, and how to produce.
ReplyDelete4. A market economy is more efficient because it allows more economic freedom than a command. Citizens can establish their own businesses and create more jobs for people who will have money to spend and increase the economic activity.
6. Market economies are more innovative because they allow citizens to choose jobs they desire, as well as work up to greater positions and a chance at greater economic wealth.
- Matt Treppiedi
3. A command economy is when a central authority makes the major decisions about WHAT, HOW, and FOR WHOM to produce. IT can be headed by a king, dictator, president. All other economic systems are not run by the government entirely.
ReplyDelete4. traditional economies are bad because they tend to draw knew ideas away. Command economies are bad because they tend to ignore basic needs of their customers. Unlike these market economies tend to be a free place to do what ever you want which is why it is better.
6. MArket economies allow for freedom which brings about new techniques, ideas and ways of doing things. On the other hand, traditional econmies and command econmies tend to shun new ideas.
3. The command economy is different from all the other economies because it has at least one central authority that makes the major decisions on what to produce, how to produce, and for whom to produce.
ReplyDelete4. Market economies are more efficient than traditional or command economies because it gives citizens the freedom to do whatever they want with their money wether they want to start a business of their own or spend money on products that fit their best interests.
6. Market economies are more innovative because the freedom for citizens to use their money however they want leaves more room for their imagination which can bring new inventions or businesses.
3. A command economy differs from other economic systems because in a command economy the central authority like a dictator makes all the major econmic desicion while the other ecoconmic systems the government has little control
ReplyDelete4. A market economy is mre efficient than tradional or cammand because indivduals have more economic freedom, and lack of government interference
6.A market economy is more innovative because the people can do anything they want with their money, and start thier own business. and
ashley ralston
ReplyDelete3. A command economy can be headed by a king, president, dictator, or anyone else who makes major economic decisions.In a command economy, a central authority makes the major decisions.
4. Market economies tend to be more favored than traditional economies because it gives people more economic because there is a strong goverment influense
6. Market economies are more innovative because they allow the consumer to purchase what they want, when they want because it is their money and there are no limits to what to buy because of this the market economy will gradually adjust over sometime instead of all at one time.