Market Economy Vs. Command Economies

In this world, there are many societies that provide for people's needs and wants in several different ways. The two main economies that seem to act as basic levels of functioning economies are command economies and market economies. These two economies work in various ways and provide interesting things for consumers and businesses. However, even though a command economy and a market economy have various similarities and differences, a market economy is ultimately more beneficial for a country. Command economies and market economies have different degrees of government interference, which greatly affect how successful each economy is. For one, command economies are largely controlled by a centralized government. That government makes major economic decisions in a command economy, which greatly limits economic
Although both command and market economies are controlled by certain powers, involve changing the economy to better benefit a nation, and work to promote a nation's prosperity, there are many differences that ultimately decide which economy is more advantageous. Command economies are controlled by a central government, have one large decision-making body, are not able to effectively address smaller issues, and don't provide goods and services for consumer satisfaction. On the other hand, market economies are controlled by people and firms with self-interest, are able to gradually change and improve, and provide various goods and services for the benefit of businesses and people. Market economies offer much more economic freedom and individuality. People are able to obtain what they want, and can influence their economies. Businesses can produce what they want, and can control aspects of their own production, selling, etc. In all, market economies are simply much more beneficial for a country and it's