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Question
a country has a command economy when its government holds full control over economic activity. when competition is present within an economy, with limited government intervention, it is considered a mixed - market economy. one sign of transition is the establishment of fair labor government restrictions
In an economic transition from a command - economy (where government has full control) to a more market - oriented one like a mixed - market economy, the establishment of fair labor practices can signify a move towards a more balanced and free - market friendly system. Government restrictions are more characteristic of a command - economy or a situation where there is less transition.
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fair labor