Private businesses have the most economic power in which economic system? A. Market economy
B. Traditional economy
C. Mixed economy
D. Command economy
Private businesses have the most economic power in which economic system?
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Private businesses have the most economic power in which economic system? A. Market economy
B. Traditional economy
C. Mixed economy
D. Command economy
A. Market economy
In a market economy, private businesses and individuals have the most economic power as they are free to make their own decisions regarding production, consumption, and investment. This system emphasizes competition and consumer choice, allowing businesses to respond to supply and demand dynamics effectively.