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Market Economy Vs. Command Economy

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Market Economy Vs. Command Economy
The major difference between a command economy and a market economy is that a command economy is told what to do by the government. A market economy does things for the people, the people decide what they want. The command economy is told what to produce, who to produce to, and how to produce by the government. The market economy is told is told what to produce, who to produce to, and how to produce by the people.
I think that profit is the best one because you will still have money left over after you spend it. This is why i think that profit is the best characteristic.
I think they did that because they wanted to do things for the people. They didn't want to do all things through the government. They wanted the people to be involved too. They could do things differently.
Some of the changes that i would find different is that i could decide what i want them to
…show more content…
I think this because you need paper and wood. Without all the natural resources you can't make any other resources. For example without paper you can't make money or any other resources.
I think that defining the problem is the most important step in the cycle. I think this because your first step isn't always easy. I also think this because that first step leads you to you other steps.
There are so many wants in our society because people like to have the best of the best things. people like to have the best shoes and clothes. People like to look good instead of just needing things. People think that the best looking things are the best.
I think people do careless things and make careless decisions because they aren't thinking wright. People could of had a bad day and is upset or something and they do something stupid.
Once you make a decision you should be happy with it and be confident. You should feel this way because that is your decision if your not happy with it then don't make that

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