Answer:
Market
Explanation:
Here are a brief difference between the four systems.
Market : People/the Private sector control the supply/demand along with factors of production
Command : Government control the supply/demand along with factors of production
Mixed : Both the Government and the people control the supply/demand along with factors of production
Traditional : Traditions control the supply/demand along with factors of production
Under the Full market economy, people have the full freedom to determine the outcome in the market. The resources such as land, materials, and skills will be privately owned and the government has no influence within the market.
One advantage of this system is that the winners of the competition in the market will accumulate high amount of wealth in relatively fast period. But on the downside, lack government involvement often turns the competition dirty and those who hurt other individuals in the process wouldn't receive any repercussions.
