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2 July, 12:56

The most common economic system in the world is a?

Closed economy

Command economy

Market economy

Traditional economy

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Answers (1)
  1. 2 July, 13:07
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    The correct answer is market economy. This is the basic capitalism system of freedom in the market and an economy free from governmental influence. It is driven by supply and demand and in ideal conditions anyone can enter or leave the business without any issues. Closed economies or command ones are those where the government has a say in things.
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