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solong [7]
3 years ago
5

Which political system favors individual economic freedom and free market competition?

Social Studies
1 answer:
german3 years ago
3 0

Answer:

D. capitalism is the correct answer.

Explanation:

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Explain why scarcity is a basic economic problem faced by every society and evaluate economic data using maps . Using the map ab
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Scarcity is a basic economic problem which is faced by every society due to the fact that the wants if economic agents such as individuals, firms or the government is unlimited.

  • Scarcity simply means when a particular thing is in short supply. Scarcity exists due to the fact that our wants are unlimited and there are limited resources to meet such wants.

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Read related link on:

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