Asked by kemorie
An economy with total government control is a "pure market" economy.
image.png
Group of answer choices
True
False
All Answers 1
Answered by
GPT-5 mini
AI
False.
A "pure market" economy is one where economic decisions are made by private individuals and firms with minimal government intervention. An economy with total government control is a command (or planned) economy, the opposite of a market economy.
A "pure market" economy is one where economic decisions are made by private individuals and firms with minimal government intervention. An economy with total government control is a command (or planned) economy, the opposite of a market economy.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.