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In a command system, a government - appointed planning board makes production and allocation decisions. self - interest motivates and commands each business firm's decisions
In a command system,
a governmentappointed planning board makes production and allocation decisions.
selfinterest motivates and commands each business firm's decisions and actions.
the head of each family decides and commands what to do with the family's resources.
market traders command what outputs are produced and how they are allocated.
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