classify each item as being most associated with command, market, or traditional economies. command market…

classify each item as being most associated with command, market, or traditional economies. command market traditional producers and consumers rule central planning takes place based on historical norms supply and demand not completely found in modern countries government plans the economy united states soviet union

classify each item as being most associated with command, market, or traditional economies. command market traditional producers and consumers rule central planning takes place based on historical norms supply and demand not completely found in modern countries government plans the economy united states soviet union

Answer

Answer:

Command: Central Planning Takes Place, Government Plans the Economy, Soviet Union Market: Producers and Consumers Rule, Supply and Demand, United States Traditional: Based on Historical Norms, Not Completely Found in Modern Countries

Brief Explanations:

In command economies, the government controls economic planning (e.g., Soviet Union). In market economies, producers and consumers drive the market via supply - demand (e.g., US). Traditional economies rely on historical norms and are less common in modern times.