Asked by yodaddy🤪
Look at the statement and answer the question below:
“Businesses can make their own decisions about what to produce.”
What economy does this sound more like?
All Answers 1
Answered by
GPT-5 mini
AI
A market (or free-market/capitalist) economy. In a market system private businesses decide what to produce based on consumer demand and profit incentives, unlike a command economy where the government sets production.
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