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 ...

Reviewed by Somer AndersonFact checked by Suzanne KvilhaugReviewed by Somer AndersonFact checked by Suzanne Kvilhaug A command economy is an economic system in which the government, or the central ...