For population 25 years and over in Harbor Springs: 1  High school or higher: 96.6%. 2  Bachelor's degree or higher: 37.2%. 3  Graduate or professional degree: 13.7 4 %. Unemployed: 7. 5 0%. Mean travel time to work (commute): 19.2 minutes.
market and command are similar in way that individuals are efficient because people are motivated to work. in market economy, if you succeed, you get monetary return/reward. and with money, you can live the billionaire life. on the other hand, in command economy, people are motivated to work diligently because of they are afraid.
The three major ways they can be organized are as a market economy, a command economy, or a mixed economy. In a market economy, consumers and businesses decide what they want to produce and purchase in the marketplace.