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Which term refers to an economic system in which people earn wages and buy the goods and services they choose? a. traditional economy b. command economy c. hybrid economy d. market economy
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Which term refers to an economic system in which people earn wages and buy the goods and services they choose?

a. traditional economy
b. command economy
c. hybrid economy
d. market economy

User Engel
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2 Answers

7 votes

Answer:

D

Step-by-step explanation:

User Fabio
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It would be the term "d. market economy" that refers to an economic system in which people earn wages and buy the goods and services they choose, since here the consumer is ultimately in charge of production. 
User Mtisz
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