Keshun Commands

  • June 2020
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Traditional and market command

By Keshun Booker

Traditional command ●

A traditional command Is and economy that is based on custom and tradition. The economic system in which resources are allocated by inheritance, has a strong social network and is based on indigenous technology and methods.

Market command ●



And economy where supply a priced or regulated by the government rather than market force. Government planners decides goods and services and products and how they are distributed. The former soviet union was and example of a command economy . Also called and central economy.

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