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sergejj [24]
3 years ago
5

Under which economic system are businesses privately owned, with the possibility of profit? A. Traditional economy B. Command ec

onomy C. Communist system D. Market economy
Social Studies
2 answers:
Thepotemich [5.8K]3 years ago
5 0

Answer:

Answer is D. Market economy

Dahasolnce [82]3 years ago
3 0

Answer: D. Market economy

Explanation:

A market economy is known to be an economy in which the market is controlled by the mechanism of demand and supply. Furthermore, there exist private ownership of the means of production and distribution in which they have the right to produce and sell their products. Thus, private businesses exist with the sole aim to get profit and revenue.

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