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31 December, 16:25

Producers and consumers own the factors of production

Producers and consumers answers the question of who, what and how to produce

Voluntary trade and exchange are encouraged

What type of economic system is being described?

A) Command

B) Market

C) Mixed

D) Socialism

+3
Answers (2)
  1. 31 December, 16:29
    0
    Market, like the person before me said! Hope you do well!
  2. 31 December, 16:36
    0
    Market because they are exchanging

    .
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Home » Social Studies » Producers and consumers own the factors of production Producers and consumers answers the question of who, what and how to produce Voluntary trade and exchange are encouraged What type of economic system is being described?
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