Ask Question

Are prices more changeable in a market economy or in a command economy? Why?

+4
Answers (1)
  1. 9 March, 12:20
    0
    In a market economy, its better.

    Explanation:

    In a command economy, the government makes the decisions, and the changes. The prices would more possibly stay the same, due to that they want to make the government stronger. But in a market economy, the citizens have the power. Which means that the prices are more likely to change from time to time due to the popularity of the product.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Are prices more changeable in a market economy or in a command economy? Why? ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers