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Which of the following economic systems leaves production decisions

completely up to the producers?
O A. Command economy
O
B. Mixed economy
O
C. Free-market economy
O
D. Planned economy

1 Answer

3 votes

Answer:

Free Market Economy

Step-by-step explanation:

Free Market Economy is a system which is grounded on the supply as well as demand with no or little control of the government. In this kind of economy, the prices of the services as well as the commodities are decided or set by the consumers and the by the open market.

So, the system where the decisions of the product is on the producers, it will be a free market economy.

User Deepu Sasidharan
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