A community for students.

Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing


  • one year ago

Country A has an absolute command economy. Country B has a mixed economy and a population that favors market trade. Both want to increase trade to generate more wealth. Which action would Country B most likely take that Country A would not?

  • This Question is Open
  1. Koikkara
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    \(\Large\rm\color{blue}{Welcome~to~OpenStudy!}\) @stevee.yo Country B would choose free market earnings - when townspeople are allowed to open their own businesses to make profits. Lets have a look attheir definitions. \(\Large\rm\color{red}{Command ~Economy}\) is one in which the coordination of economic activity, so essential to the viability and functioning of a complex social economy, is undertaken through administrative means— commands, directives, targets and regulations — rather than by a market mechanism. \(\Large\rm\color{red}{Mixed ~Economy}\) - An economic system that includes a mixture of capitalism and socialism. This type of economic system includes a combination of private economic freedom and centralized economic planning and government regulation. \(\Large\rm\color{green}{That ~means...}\) As people wants to produce a lot, everybody will try to lower tax. \(\Large\rm\color{blue}{Hope~It's~clear~!}\)

  2. Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Sign Up
Find more explanations on OpenStudy
Privacy Policy

Your question is ready. Sign up for free to start getting answers.

spraguer (Moderator)
5 → View Detailed Profile

is replying to Can someone tell me what button the professor is hitting...


  • Teamwork 19 Teammate
  • Problem Solving 19 Hero
  • You have blocked this person.
  • ✔ You're a fan Checking fan status...

Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.

This is the testimonial you wrote.
You haven't written a testimonial for Owlfred.