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Which type of economic system is based on individual choice and free enterprise?

1 Answer

2 votes

Answer:

Market Economy

Step-by-step explanation:

A market economy has freedom of choice and free enterprise. Private entrepreneurs are free to get and use resources and use them to produce goods and services. They are free to sell these goods and services in markets of their choice. Governments can't be involved in these types of economies and businesses are run by the people.

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