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Which of the following types of economies is most likely to develop new and better products? market command traditional none of the above
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Which of the following types of economies is most likely to develop new and better products?

market
command
traditional
none of the above

User Kumar Abhinav
by
7.6k points

1 Answer

4 votes
It is the market economy that is most likely to develop new and better products. Market economies support competition, which increases innovation and efficiency in the market.
User Zznate
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