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vova2212 [387]
3 years ago
8

Which type of economy for an organized, large society gives citizens the most freedom of choice?

History
2 answers:
Mandarinka [93]3 years ago
8 0

While the traditional type of economy is determined by the custom, in which is a precisely defined role of everyone involved in it, as well as certainty, the market economy is based on the economic freedom of choice. This economic freedom is reflected in the right to choose the production, trade and consumption of any kind of goods and services without the use of force, deception or theft. These freedoms are determined by the rule of law, the right to property and freedom of contract. It is characteristic of the internal and external openness and freedom of the economic initiative. Unlike the traditional, the market economy carries with it a dose of insecurity, risk, and therefore only those who are ready to deal with the challenges of such an economy survive. Of course, sometimes the commanding economy is also possible in exceptional cases of government intervention.

The answer is: Market.

Liono4ka [1.6K]3 years ago
3 0
It would be a "Market" economy that exists in <span>organized, large societies and gives citizens the most freedom of choice, although there is almost always some time of government oversight involved. </span>
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