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
The correct answer is A. Market economy.
In a market economy, private businesses and individuals have the freedom to make decisions about production, distribution, and prices based primarily on supply and demand. This system emphasizes minimal government intervention, allowing businesses to wield significant economic power.