History, 14.12.2020 23:20 taylorlindsey9329

Which statement best compares a traditional economy and a command economy? Economic decisions are based on tradition and culture in a traditional economy, while trade is limited to barter in a command economy.
Individuals have little control of economic decisions in a traditional economy, while the government owns all of the resources in a command economy.
Methods for farming, hunting, and gathering change little over time in a traditional economy, while there is no competition to produce goods and services in a command economy.
Economic decisions are made by the government in a traditional economy, while the government sets the prices of goods and services and distributes them in a command economy.

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Which statement best compares a traditional economy and a command economy? Economic decisions are b...