1.Which of the following is an example of market system? Group of answer choices socialism capitalism command economy communism 2. Who owns the resources in the pure market system? Group of answer choices nobody owns the resources government private individuals public ownership 3. Vast majority of the nations in the world utilize _______________ as their economic system. Group of answer choices communism command economy socialism market system
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An example of a market system is capitalism. In a capitalist system, the production and pricing of goods and services are determined by competition in a free market. Show more…
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