Mixed and command both are part of the hipo urine family and sell goods with small governmental groups
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In a Market Economy the decisions are made by individuals whereas in a Traditional Economy, the decisions are all based on tradition, like what their ancestors had done, religion, and other similar factors. However, they both have a self interested mind-set.
Hope this helped! :)
market economies use price mechanism to sove the prolems of economic choce .mixed economies also do the same facilitated by government interventions .
Traditional is done when you have a brain to use other than going on ask.com and writin this down, boy!!
economic systems
Free-market
Most countries have similar economic systems, which are a mixture of a free market and government regulation.
The four types of economic systems are mixed, traditional, market and command. The economic systems evolves as different societies places different emphasis on different goals.
Traditional, Command, Market, Mixed.