Asked by
kassandra delgado
on Nov 06, 2024
Verified
Which of the following is true of a free market system?
A) It is different from laissez fair capitalism.
B) In a free market,a government regulates business.
C) It is also called modified capitalism.
D) In a free market system,all economic decisions are made without government intervention.
E) In a free market system,central government planning determines what goods and services satisfy citizens' needs.
Laissez Fair Capitalism
An economic system where private parties are free from government intervention in their economic decisions.
- Investigate how government actions influence resource allocation and decision-making in distinct economic systems.
Verified Answer
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Learning Objectives
- Investigate how government actions influence resource allocation and decision-making in distinct economic systems.