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Nuetrik [128]
3 years ago
10

The law of supply and demand is foundational to a blank economy.

History
2 answers:
tino4ka555 [31]3 years ago
7 0
The best answer is laissez-faire. 

The process of supply and demand is essential to the economic system of laissez-faire which is founded upon an absence of regulations or interference of anything outside of the natural economic interaction. Communism is incorrect because the economic markets are controlled by the government, and socialism is also incorrect because its economic markets are determined by participation, not value.
Katarina [22]3 years ago
7 0
Supply and demand goes with a Laissez- Faire economy. It means that there is no government interference. This allows business owners to make as much or as little of something as they would like. 
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