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Pure Capitalism, Market Socialism, And Command Economy Systems
Beginning of paper
There are many different types of economic systems including pure
capitalism, market socialism, and command economy. Each economic system
tries to deal with economic scarcity in its own way and each have there own
economic theories. To deal with scarcity they have set theories and facts
and experiments and through time we have learned the way eac ....
Middle of paper ....erving and
balancing resources.
A command economy is the exact opposite of capitalism. The command
economy uses the government to regulate all aspects of business and
economic resources. The government tries to act within what it think and
what the people think and tries to control the economic scarcity. They uses
planning boards to try and maximi.... |
Word count: 526 |
Page count: 2 |
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