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QUESTION
What is a command economy and a market economy. Name a country that is very market-based. What makes it a market-based economy?
What is a command economy and a market economy. Name a country that is very market-based. What makes it a market-based economy? Name one country that has a very command economy. What makes it a command economy? What are the advantages and disadvantages of a command and market economies (provide specific examples)?
