Which economic system relies on the interaction of buyers and sellers? A. Social
B. Market
C. Traditional
D. Command
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Which economic system relies on the interaction of buyers and sellers? A. Social
B. Market
C. Traditional
D. Command
The correct answer is B. Market.
A market economic system relies on the interaction of buyers and sellers to determine the prices of goods and services. In this system, decisions about production and consumption are driven by supply and demand, allowing for greater flexibility and efficiency compared to other systems such as command or traditional economies. Keep up the great work! If you have more questions, feel free to ask.