Question

The following lists are nations with mixed economies. In which list is the free market most dominant?. . A. France, Canada, South Africa, United Kingdom. . B. United States, United Kingdom, Singapore, Hong Kong. . C. Cuba, Greece, China, United States. . D. Russia, Peru, France, Canada

Answer 1

A free market is a type of economy which allows the manufacturers and consumers to interact resulting to the relationship between the supply and demand market. This is different from the command market in which the government controls solely. One of the countries with strong free market economy are B. US, UK, HK and Singapore.