The world’s largest hydroelectric power plant is the 22.5 gigawatt ( GW ) Three Gorges Dam in China. It produces about 90TWh of electricity each year. If a hydroelectric plant with the same capacity as the Three Gorges Dam was built in the United States, calculate how many houses such a plant would be able to provide the electricity for in a year. Show your work.

The correct answer is - In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more property rights.

The command and mixed market economies have numerous differences, and of the them is the property rights.

In the command economy type, the citizens have little to no rights to own property. Pretty much everything is owned and controlled by the government, so the people are in a situation where they can only work for the government and being paid by it, but not work for themselves.

In the mixed market economy type we have a transitioning faze where the economy is moving from command towards market economy. The government still owns a lot of property in the country, but it is mostly the most important resources. The people, on the other hand, are allowed to own their own property, develop their own businesses, and work for themselves, and be employers for other people.