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damaskus [11]
3 years ago
9

In which economic system does choice play the biggest role?

Social Studies
2 answers:
Romashka [77]3 years ago
6 0

Answer:

The right answer is market economy system.

Explanation:

In this kind of system individuals are the owners of the factors of productions so they are the ones who decide what and how produce. In this system, the market in where the products are exchanged leads economic choices. Competition allows the consumer to have a lot of options of products and are useful to determine its price

Taya2010 [7]3 years ago
4 0

economic system. the way a society uses its resources to satisfy people's wants.

traditional economy. ...

market economy. ...

command economy. ...

communism. ...

market. ...

laissez faire. ...

capitalism.

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