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IrinaVladis [17]
3 years ago
6

The most common economic system in the world is a closed economy. command economy. mixed market economy. traditional economy.

Social Studies
2 answers:
AlladinOne [14]3 years ago
7 0

Answer: The answer is mixed market economy.

The most common economic system in the world is a mixed market economy.

Explanation: A mixed market economy refers to an economic system that possesses the characteristics of socialism and capitalism. It is a market where free markets coexist with government involvement. In a mixed market economy, goods and services are distributed to where they are most needed and  it rewards the most efficient producers with the highest profit. A mixed market economy also meet customer needs more cheaply and efficiently.

umka21 [38]3 years ago
3 0

Your answer would be Market economy

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