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 advantages of a command economy (and the disadvantages of a market. economy) 1. Strong, universal âsafety net.â A command economy might not have. enough incentives for the successful to make millions, but at least the strong. government will try to make sure that everyone has their basic needs met.