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Question
how do command economies compare to market economies?
a. command economies encourage entrepreneurship more than market economies.
b. command economies regulate businesses more strictly than market economies.
c. command economies provide consumers with more choices than market economies.
d. command economies provide greater private property protections than market economies.
In command economies, the government makes most economic decisions, controlling production, distribution, etc. In market economies, decisions are mainly driven by supply - demand and private enterprise. Command economies have more government - imposed regulations on businesses compared to market economies.
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B. Command economies regulate businesses more strictly than market economies.