In which economic system do producers make economic decisions while following government regulations?

1 answer:

4 0

Capitalism is my best guess, considering it is one of the few forms of economy that allows mostly free production. Free enterprise could also be the answer.

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<h3>What was the excerpt about?</h3>

The question was drawn from the chapter 25 of The Chronicle of the Discovery and Conquest of Guinea where Gomes Eannes de Azurara describes the division of the captives which occurred in the city of Lagos on August 8, 1450.

He says that a large crowd gathered from the city and the surrounding countryside to watch this division. The crowd came because such a spectacle was entirely new to them and they had never seen such an assortment of people

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