Compare the ways in which Resources are allocated in market and command economies.

May 12th, 2015
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In a market economy, decisions on how resources are to be allocated are usually taken by millions of households and thousands of firms the exact number depends on the size of the economy. They interact as buyers and sellers in the market for goods and services. T

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Compare the ways in which Resources are allocated in market and command economies.In a market economy, decisions on how resources are to be allocated are usually taken by millions of households and thousands of firms the exact number depends on the size of the economy. They interact as buyers a

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