A pure market economy is sometimes called pure:

Question

A pure market economy is sometimes called pure: A. command economy B. socialism C. communism D. capitalism

Quizzma Team · Answer

The correct answer is D. capitalism . In a pure market economy, all resources are allocated based on supply and demand with minimal government intervention, which is a defining characteristic of capitalism. In this system, individuals and businesses make their own decisions regarding the production and consumption of goods and services.

A pure market economy is sometimes called pure:

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