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It does not rely on the laws of supply and demand that operate in a market economy. this economy also avoids the customs that guide a traditional economy.

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Command economies have advantages over other forms of economy. These include low levels of inequality, high levels of unemployment, and the good replacing profit.

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A command economy is a system in which the government sets the prices for goods and how much they should be produced. It also determines the income and investments of the people.

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In a traditional economy, money is often used in place of barter and trade.

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people in a traditional economy live in families or tribes.

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Two examples of a custom or traditional economy are Bhutan and Haiti.

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Two examples of a custom or traditional economy are Bhutan and Haiti.

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A traditional or custom based economy is an economy that is based on the customs and traditions of a particular community or group.

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It works by relying on various kinds of animals, gathering, and farming to produce goods and distribute them.

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A traditional economy is rooted in customs, beliefs, and time-honored traditions.

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the demands contain/include purchases by consumers, businesses, and the government.

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in a market economy, it is not organized by any main authority but it's driven by the demand of goods and services.

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market economy is an economic system where production and prices are determined by open competition between privately owned businesses.

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The United States, England, and Japan are examples of market economies.