What are the four types of economies? How do they differ regarding the ownershipand allocation of the

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What are the four types of economies? How do they differ regarding the ownershipand allocation of the factors of production?

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The Future of Business

ISBN: 978-0176570255

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Authors: Norm Althouse, Laura Allan, Christopher Hartt

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Question Posted: May 18, 2019 12:20 PM

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What are the four types of economies? How do they differ regarding the ownershipand allocation of the

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The four types are market economy command economy socialism and mixed economy a A market economy also known as the private enterprise system or capitalism is based on competition in the marketplace an...View the full answer

The Future of Business

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