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.