What are the differences among traditional, command, and market economies?

Answers

Answer 1

Answer:

Explanation:

Traditional economy is an economic system whereby the production, distribution and allocation of goods is based on the traditions, customs, and beliefs of the people.

A command economy is also called a planned economy. It is an economic system where the production, distribution and the allocation of goods and services are done by the government. Countries practicing this are China, North Korea etc.

A market economy is an economic system where the production, distribution and allocation of goods and services is done through the forces oof demand and supply. In such case, the activities are unplanned and not centralized as government has minimal say in such economy. Countries practicing this include United States, Ghana, England etc


Related Questions

What is the eight path?

Answers

Answer:

the Buddhist teaching of the means of attaining Nirvana through rightness of belief, resolve, speech, action, livelihood, effort, thought, and meditation

Identify three reasons the committee in
Boston is opposed to war.

Answers

Answer:

In a public address sent to Congress in the response to the declaration of war, the Massachusetts House of Representatives declared that: “An offensive war against Great Britain, under the present circumstances of this country, would be in the highest degree, impolitic, unnecessary, and ruinous.

Explanation:

Which of the following did Thomas Jefferson oppose?
purchase of Louisiana
the National Bank
the Embargo Act

Answers

Answer:

NATIONAL BANK

Explanation:

Thomas Jefferson opposed this plan. He thought states should charter banks that could issue money. Jefferson also believed that the Constitution did not give the national government the power to establish a bank

HOPE TO BE APPRECIATED


How did numerous factors impact America after the Civil War?

Answers

Answer:The Civil War had a greater impact on American society and the polity than any other event in the country's history. It was also the most traumatic experience endured by any generation of Americans. At least 620,000 soldiers lost their lives in the war, 2 percent of the American population in 1861.

Explanation:

Please help and answer question 2 using the 2 interpretations given.

Thank youuuu!!!!

Answers

Answer:

Explanation:

This is a hard question as you cannot talk about where they are from as they are both British but:

I believe that in Interpretation A, the writer had just looked at the body movements and believed they enjoyed it as he says 'it seemed to me', indicating that there is bias in what he is saying. However, in Interpretation B, there is little bias as he had caught proof of the Hitler Youth Camp used as a preparation for the army and unlike the writer in Interpretation A, he asked one of the boys what they did last night, he said pistol-shooting. But with the presence of one leader and many other people, he was obliged to say it was 'good fun' and not a 'military passtime'.

Refer to the passage. Why did the speaker and his group decide to leave town?

Answers

Answer:

Explanation:

nooooooo

Answer:

in which story tel me okay

HELP PLEASE!!! Think about America and the world today. Give an example where the United States has not
taken the advice that Washington gave in his Farewell Address?

Answers

Answer:

the importance of unity

Explanation:

America is very divided, we have little sense of self and the importance of the united states being unified was one of the main things in Washingtons fairewell adress.

New Mexico and Utah were allowed to vote whether they wanted slavery or not.
This is an example of what?
A. Writs of mandamus
B. Popular sovereignty
C. Legislative approval
D. Democratic republicans

Answers

Answer:

The answer i think should be popular sovereignty.

Akbars son jahangir had a conflict with what religion?

Answers

Explanation:

Emperor Jahangir, Akbar's son, reinstated Islam as that of the state religion and maintained the policy of religious acceptance.

Why did the French clergy and Nobles support an Austrian and Prussian invasion of their own country?

Answers

The government was known mainly for corruption. People would take out immense loans, taking advantage of the country's financial struggles. At the same time, the government of the Directory faced political enemies from both conservatives and radicals.

If you awnser both correctly I will give you a brainly. ​

Answers

Answer:

Explanation:

1. Veitnam and Korean War

2. Cuban Missile Crisis

Should the government set a nation-wide minimum age at which children can be tried as adults

Answers

No, because it has been proven that through the mistakes that a child makes learns how it can impact a situation. A Child is a child meaning they don't have a correct mindset no matter how old they “ matured”.Its be proven that “The frontal lobes of the brain which are responsible for high-level reasoning and decision-making aren’t fully mature until the early 20s, according to Deborah Yurgelun-Todd, a neuroscientist at Harvard’s Brain Imaging Center. There’s a portion of time when the child part of the brain has been pruned, but the adult portion is not fully formed. They are “in-between" — informed but not prepared”

how many justices are needed for a brief.

Answers

I believe you need 4 out of 9. So I would say 4
I believe it’s 4!!!!

Describe Frederick's relationship with his mother. Include the number of times they saw each other, what their visits were like, and Frederick's age when she died.

Answers

Answer:

maybe she got shot or accident

How was life different from plantation to plantation?

Answers

Answer:

Most Southerners did not experience this degree of wealth. The contrast between rich and poor was greater in the South than in the other English colonies,...

Explanation:

What happened in 150 BC?

Answers

Answer:

Macedonia became a Romanian province

Explanation:

They were betrayed and slaughtered by roman

How does its geography benefit Egypt

Answers

Answer:

The geography of Ancient Egypt was very unique and allowed Egypt to become a very successful civilization. Egypt's geography contributed all aspects of Ancient Egyptians lives such as the Nile River being their source of food, water, and transportation and the desert offering natural protection.

Explanation:

Hopes this helps. Mark as brainlest plz!

It was rare for children would turn in their own
parents for criticizing the Nazi regime

Answers

Answer:

like why would they if they did that would've been bad

It was definitely not rare and happened a lot. Children grew up believing it was correct and that if their parents or anyone went against it they should turn them in and report them.

What comparisons Azusa Shira make between Chinese people and animals

Answers

Answer:

Explanation: Compared to respondents directly involved in livestock transport, ... 202 million sheep and 117 million cattle, making it the world's largest livestock producer [1]. ... However, there are an increasing number of Chinese animal

How did Henry Iv end the French wars of religion between Catholics and protestant Huguenots
A-He issued an edit declaring Catholisicm the sole religion of the kingdom
B-He issued an edict giving the Huguenots political control of selections of the country
C-He issued an edict granting the same rights to Huguenots and catholics
D-He issued an edict tolerating the Huguenots
throughout the kingdom

Answers

Answer:

D

Explanation:

in 1598, Huguenots were granted substantial rights and freedoms by the Edict of Nantes,

Henry Iv end the French wars of religion between Catholics and protestant Huguenots by issued an edict tolerating the Huguenots

throughout the kingdom.

What is French Wars of Religion?

The French Wars of Religion were a prolonged period of war in 1562 and popular unrest that occured between Catholics and Huguenots.

This war is to claim superiority in term of religion and this turned to big war.

Therefore, many people loose their life at the end of the war.

Learn more about French Wars of Religion at;

https://brainly.com/question/13919937

Can someone help me with this. Is it ABC or D.

Answers

I think your problem is c I can’t really see it

how did some people try to escape the berlin wall?

Answers

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Answer: Some people tried to escape the berlin wall by using hot air balloons

Explanation:

I hope this helped!

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Answer:

Some people managed to jump out of windows closest to the wall, climbing over barbed wires, flying over in hot air balloons, and even digging a tunnel underground to the other side.

Explanation:

I hope this helps. Let me know if it’s wrong.

Why is there no quantity supplied at a price less than $1 per slice ?

Answers

The answer is because each slice has to be given equally to people.

There no quantity supplied at a price less than $1per slice because cost would be higher than revenue.

What is Quantity supplied?

Quantity supplied can be defined as  the amount of goods that a manufacturer or producer produce  and supplied.

In a situation were price is less than $1 per slice there will be no quantity supplied reason being that the cost would be higher than the revenue.

Therefore there no quantity supplied at a price less than $1per slice because cost would be higher than revenue.

Learn more about Quantity supplied here:https://brainly.com/question/26374465

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17. A useful characteristic of money is that money A. allows us to compare the values of goods and services. B. is difficult to count accurately. C. is only printed by the US government. D. is something that everyone wants.​

Answers

Answer:

I think A..............

Answer:

A. allows us to compare the values of goods and services.

Explanation:

A useful characteristic of money is that money  allows us to compare the values of goods and services. The characteristics of money are durability, portability, divisibility, uniformity, limited supply, and acceptability

Hope this helped!!

Do you think the final version of the us constitution created a political system that gives too much, too little or just enough power to the central government?

Answers

I believe that the final version of the US Constitution created a balanced political system. Unlike many others at the time, the Constitution created a way that each branch could control and avoid that any other power had too much power.
The American Federation is a good way to balance power because it gives just enough each government needs. The Federal government, at the time of the final version of the Constitution, did not have as much power as it has now. But still is a balanced government system.
The Great Compromise created a functional representation system, with two houses the states and the population are able to be represented and have their interests defended. It is not fair that major states have a bigger representation than smaller states and also it is not fair for bigger states have the exact same representation, this way the Senate and the House of Representatives are a good balance.

Which term correctly describes the tactics used by César Chávez as he organized California farm workers in an effort to get them better pay and conditions?
A
nonviolent

B
threatening

C
violent

D
discursive

Answers

the answer is A, nonviolent

24. What was one of the causes of the Spanish-American War?
a. US concerns over Spanish influence in China b. The US believed Spain had blown up an American battleship
c. Spanish concerns over US influence in the Philippines
d. Religious intolerance for Spanish Catholics by American Protestants​

Answers

Answer:

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What was one of the causes of the Spanish-American War?

[tex]\color{Blue}\huge\boxed{Answer} [/tex]

C. Spanish concerns over US influence in the Philippines


What did the Rhinestone dog collar say Percy Jackson

Answers

Answer: Chimera- Rabid,Fire-breathing, Poisonous, if found call Tartarus

Explanation:

One weakness of the British army was that they-

A. Had fewer soldiers

B. were well trained

C. Were fighting far from home and fighting an guerrilla warfare

D, Had no supplies

Answers

Answer:

C.

Explanation:

The colonies had the definate advantage when it came to fighting over the land. Essentially, they had the resources right with them and had the advantage of knowing the land — meaning that they could use guerrilla warfare to their advantage.

What was the Supreme Court's decision in the Dred Scott vs Sandford case?

Question 2 options:

That slavery diminished the national character.


That African Americans did not have the right to sue in federal court because they were not citizens.


That African American rights were protected by the Constitution.


That slavery should be abolished by executive order.

Answers

Answer:

I believe it was That African Americans did not have the right to sue in federal court because they were not citizens.

Explanation:

I am not positive on my answer but the reason i choose that answer was because on the website

https://www.britannica.com/event/Dred-Scott-decision

It says

The Dred Scott decision was the U.S. Supreme Court's ruling on March 6, 1857, that having lived in a free state and territory did not entitle an slaved person, Dred Scott, to his freedom. In essence, the decision argued that, as someone's property, Scott was not a citizen and could not sue in a federal court

I am sorry if it is wrong

Answer:

I believe that it is c

Explanation:

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