Discover how command and mixed economies differ, focusing on government control vs. private sector influence, supply and demand, and economic growth strategies.

National economies can be run from the top down, so to speak, in what is sometimes called a command economy or they can be run from the bottom up in what is sometimes called a free market. In the ...

Economic systems are defined by the method that a nation uses to allocate its goods and services. These systems have varying degrees of government control, and range from free market economies to ...