what kind of economy uses a free - enterprise system?\n a closed economy\n a command economy\n a market…
what kind of economy uses a free - enterprise system?\n a closed economy\n a command economy\n a market economy\n a traditional economy
Answer
Brief Explanations:
A free - enterprise system is characterized by private ownership and the freedom of individuals and businesses to make economic decisions. In a market economy, resources are allocated through the interaction of supply and demand in the market, which is consistent with the free - enterprise system. A closed economy focuses on domestic production and consumption without much international trade. A command economy has central planning and government control over production and distribution. A traditional economy is based on customs and traditions.
Answer:
C. a market economy