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29-12-2017
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Centrally planned economies allocate resources based on decisions by _, while market economies answer these questions through decisions made by _

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meshangshang meshangshang

12-01-2018

Government decides how economic resources will be allocated in a centrally planned economy while the market economy on the other hand, is an economy in which the decisions of households and firms interacting in markets allocate economic resources. (government, household and firms)

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