Which economic system gives producers and consumers the most power to make economic decisions a mixed economy B command economy see market economy day traditional economy

Answer 1

A market economy gives producers and consumers the most power to make economic decisions. In a market economy, decisions about production and consumption are driven by supply and demand, allowing individuals and businesses to freely make choices regarding what to produce, how to produce it, and for whom to produce. This contrasts with other economic systems like command economies, where the government makes significant decisions, or traditional economies, where decisions are based on customs and traditions. Mixed economies incorporate elements of both market and command economies but still typically provide a significant amount of decision-making power to consumers and producers.