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When compared to a mixed-market economy, a command economy typically has
more private ownership.
more government control over production.
strong consumer-buying power.
a greater chance for a high income.
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more government control over production.
In a command economy the government typically owns or directs the means of production and centrally plans output and prices, whereas a mixed-market economy allows significant private ownership and market signals.
In a command economy the government typically owns or directs the means of production and centrally plans output and prices, whereas a mixed-market economy allows significant private ownership and market signals.
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