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Anonymous Anonymous
  • 10-04-2016
  • History
Answered

Identify and discuss the basic ideas of capitalist and command economics

Verified Answer :

THayes THayes
  • 11-04-2016

Capitalism is not centrally planned and endorses the use of private ownership of resources and ideas. 
Command systems (I.e Socialism and Communism) utilize a central planning board and most resources are public (Government) owned.

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