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28 March, 18:38

Which of the following describes a market economy?

A. The government and the people own everything together.

B. The government owns and runs all the businesses.

C. Individuals own businesses, and they compete with one another for profits.

D. Individuals own some businesses, and the government also owns some businesses.

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  1. 28 March, 18:52
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    Basically C. In a mrket economy, the individuals decide on their businesses and basically control the economic ranges within the main range.
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