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Earn +20 ptsQ: Which of these is closest to a pure command economy?
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What form of government is closest to a pure market economy?
capitalism
Are there any pure market or command economic systems today?
North Korea is a pure planned economy. Nothing goes through without the approval of a central authority, in this case, the Government. The closest thing you have nowadays to a pure market economy would be the USA. But the Government still sticks his hand out if some extra help is needed, so, definitely not pure.
Explain how most countries have a mixed economy located on a continuum between pure market and pure command?
g yudiosk
Which countries have a market economy?
Almost every country has a market economy; North Korea still has a command economy. WRONG^^ U.S. is rumored to be a market economy, but there are not pure market economy.
How is a mixed economy is a mixture of command and pure market economy?
It’s called capitalism: class ownership, wages system, production for sale.
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