12.9k views
4 votes
In which economic system does choice play the biggest role?

User Kodaloid
by
6.3k points

2 Answers

3 votes

economic system. the way a society uses its resources to satisfy people's wants.

traditional economy. ...

market economy. ...

command economy. ...

communism. ...

market. ...

laissez faire. ...

capitalism.

User Nathan Bedford
by
6.6k points
1 vote

Answer:

The right answer is market economy system.

Step-by-step explanation:

In this kind of system individuals are the owners of the factors of productions so they are the ones who decide what and how produce. In this system, the market in where the products are exchanged leads economic choices. Competition allows the consumer to have a lot of options of products and are useful to determine its price

User Anbarasan
by
6.2k points