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Tju [1.3M]
3 years ago
10

· Decentralized decision making. · Adjusts to changes in the market place. · Producers and consumers have control of the economy

. All of these are characteristics of a ___ economy
Social Studies
1 answer:
mihalych1998 [28]3 years ago
6 0

Answer:

Market

Explanation:

Decentralized decision making. · Adjusts to changes in the market place. · Producers and consumers have control of the economy. All of these are characteristics of a Market economy, a market economy is one in which price and production is controlled by buyers and sellers freely conducting business, an example of a market economy is the United States economy where the investment and production decisions are based on supply and demand.

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