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The government determines prices for goods and services in a

market economy
traditional economy
demand economy
command economy

User Edmamerto
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2 Answers

3 votes

Answer:

traditional economy

User Aniruddh Ambarkar
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2 votes

Answer:

The answer is the market economy.

Step-by-step explanation:

A market economy consists of an economic system through which all aspects and decisions concerning investment, production as well as distribution are assumed by the price signals.

The price signals were established by supply and demand's forces. The most important characteristic in a market economy consists of the presence of factor markets that are very important in terms of capital's assignation as well as in terms of the factors of production.

User Ulug Toprak
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