Question

Imagine that you are creating your own country! Which economic system would you put in place? Thoroughly explain the system of economy and why you would choose it for your country. Your response should be a full paragraph (6-8 sentences).
Choices: Market economy, Command economy, and Traditional economy

Answer 1

Answer:

I would Make a country named Optaria, Its economic System would be a Market economy ! This system has been very successful in its history, although its had its faults, its been mostly beneficial to countries who use it. Capitalism is an economic system in which private individuals or businesses and organizations own capital goods. The production of goods and services is rooted on supply and demand in the general market—~known as a market economy~—rather than through central planning—known as a planned economy or command economy Hoped this helpes :) Feel free to mark brainliest (if 2 individuals answer)