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The following choices are groups of nations with mixed economies. In which choice is the free market most dominant?

a Cuba, Greece, China, United States

b France, Canada, South Africa, United Kingdom

c United States, United Kingdom, Singapore, Hong Kong

d Russia, Peru, France, Canada

2 Answers

6 votes

C. United States, United Kingdom, Singapore, and Hong Kong


I hope this helped!

User Simon Rice
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Its important to note that that the free market refers to a type of economy wherein the government requires little to no restrictions and regulations on buyers and sellers. In a free market those who participate are the ones that decide what products are produced, how and when they are made, who they are offered to and what price they sell for. This is all determined by supply and demand. With all of this in mind the countries in which the free market economy is most dominant in the: C) United States, United Kingdom, Singapore and Hong Kong.

User GeorgeLPerkins
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