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3 years ago

14

Which of the following is a characteristic of a free-market economy?

2 answers:

katrin [286]3 years ago

8 0

Answer:

A. Individual choice is the correct answer.

Explanation:

In a free market system, the prices for goods and services are determined by the open market. The forces and law of demand and supply are free from government intervention or any other authority. It is different from regulated markets in which the government intervenes in the demand and supply by creating barriers or price-fixing, While in free-market the prices are allowed to reach their equilibrium without any government intervention

Roman55 [17]3 years ago

4 0

The answer here would be A. because free market eco is people mostly just trading goods for goods, with no government interference.

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