Command or Market Economy?

Individuals and businesses own property and the means of production.

• Market Economy

• Command Economy

"Capitalist employers take advantage of workers so the community or state must act to protect workers!'

• Market Economy

• Command Economy

Consumers compete to buy the best goods at the lowest prices. This competition shapes the market by affecting what businesses are able to sell.

• Market Economy

• Command Economy

The means of production are privately owned.

• Market Economy

• Command Economy

The means of production are publically owned.

• Market Economy

• Command Economy

The markets controlled by the government have few incentives since they cannot keep all the profit themselves. So this system allows for more personal ambition.

• Market Economy

• Command Economy

Production is for use, not profit.

• Market Economy

• Command Economy

"Capitalism creates an unequal distribution of wealth and material goods. this system would distribute goods according to each person’s need!"

• Market Economy

• Command Economy

There is an emphasis on equity and distributing profit among the society and workforce.

• Market Economy

• Command Economy

Government should not interfere in the economy because competition creates efficiency in business.

• Market Economy

• Command Economy