Question

multiple-choice question
what is a market economy?
government controls all economic decisions
private companies produce and price what consumers want and need based on supply and demand

Explanation:

A market economy is defined by decentralized economic decision-making, where private actors drive production and pricing based on supply and demand signals, rather than central government control. The first option describes a command economy, not a market economy.

Answer:

Private companies produce and price what consumers want and need based on supply and demand