Which of the following is true considering the differences between a command and a free market economy? *Choose 2*(4 points)

Question

Responses

wealth tends to be more evenly distributed in free market economies
wealth tends to be more evenly distributed in free market economies

free market economies incentivize equality more than command economies
free market economies incentivize equality more than command economies

free economies have more economic freedom than command economies
free economies have more economic freedom than command economies

command economies can change more rapidly than free market economies
command economies can change more rapidly than free market economies

Answer 1

The two correct statements considering the differences between a command and a free market economy are:

1. Free economies have more economic freedom than command economies.
2. Command economies can change more rapidly than free market economies.

These options accurately reflect the characteristics typically associated with command and free market economies. In general, free market economies emphasize individual economic freedom and market-driven decisions, while command economies are characterized by government control which can lead to more rapid changes in policy and direction.