your economic system\ncompare and contrast the goals of command and mixed market economies. why are there…

Brief Explanations:

In a command economy, the government makes most economic decisions aiming for social - equality and full - employment, controlling production and distribution. A mixed market economy combines elements of both market and command, with goals of economic efficiency, growth, and some government intervention for social welfare. Mixed market economies are more prevalent because they offer the flexibility of market forces for innovation and efficiency while allowing government regulation to correct market failures, ensure social safety nets, and promote fairness. Command economies often face inefficiencies due to lack of market incentives and difficulties in planning complex economies accurately.

Answer:

The goals of command economies focus on government - controlled production and social equality, while mixed market economies aim for a balance of market efficiency and government - regulated social welfare. Mixed market economies are more common because they combine the strengths of market forces and government intervention, avoiding the inefficiencies often seen in command economies.