Westonci.ca is the premier destination for reliable answers to your questions, provided by a community of experts. Discover reliable solutions to your questions from a wide network of experts on our comprehensive Q&A platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.
Sagot :
While the command form of an economy may appear in any of the other listed ones, in some cases as interferences and measures by the government, the rest are characteristic of a particular type of society and states. The traditional form of economy is determined by the custom of society, characteristic of traditional environments and arrangements, where the exact role of each participant is precisely defined, and there is a high degree of security and certainty. On the other hand, the market economy is characteristic for democratic, civil society, giving a much larger choice to citizens. This choice is reflected in the choice of goods, services, consumption, level of investment, if any of the principles of market economy is not violated, means that there is no fraud, coercion etc. Also, this type of economy is regulated by rules, by signing a contract, there are certain obligations, but there are essentially a large number of different choices, investments, etc. This type of economy carries a greater risk and uncertainty, but also a higher profit with proper investment, following and predicting sometimes unpredictable flows of the market economy.
The answer is: D.
We hope this was helpful. Please come back whenever you need more information or answers to your queries. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.