How does a command economy differ from a mixed market economy?
O In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more
property rights.
O In a command economy, citizens have more property rights. In a mixed market economy, citizens have lewer
property rights.
O In a command economy, citizens own all public property. In a mixed market economy, the government owns all
private property.
O In a command economy, citizens own all private property. In a mixed market economy, the government owns all
public property



Answer :

In a command economy, the government makes all major decisions regarding production, distribution, and resource allocation. This means that the government controls what goods and services are produced, how they are produced, and for whom they are produced. Citizens have limited economic freedom and ownership rights in a command economy. On the other hand, in a mixed market economy, there is a combination of government intervention and market forces. In this type of economy, individuals and businesses have more property rights and economic freedom compared to a command economy. Citizens can own private property, start businesses, and make economic decisions based on market demand and supply. Therefore, the main difference between a command economy and a mixed market economy lies in the extent of government control and citizens' property rights. In a command economy, the government has more control over the economy and property rights are limited for citizens, while in a mixed market economy, individuals have more property rights and economic freedom to participate in the market.