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alexandr402 [8]
3 years ago
5

Brian has just finished college. He wants to set up a small business to make and sell fireworks. He registers his company and ac

quires a license from the government. He finds that most of his competitors are selling fireworks at an extremely low price. He would like to make more money, so he decides to innovate and develop better fireworks. He sells his fireworks at a higher price, and they are a huge hit with the customers. After a few years, he earns enough profit to set up a bigger fireworks factory that complies with the government’s health and safety regulations. He even starts exporting fireworks overseas. Which type of economy does this scenario describe? A. command economy
 B. communist economycommunist economy
 C. traditional economytraditional economy
 D. market economymarket economy
Business
2 answers:
Setler [38]3 years ago
6 0
I believe its d, it fits the best
yKpoI14uk [10]3 years ago
5 0

It is a mixed economy like the comment for the other reply said

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