Question

A pure market economy is sometimes called pure

O
a. command economy.
Osocialism.
O communism.
O capitalism.

Answer 1

A pure market economy is sometimes called capitalism. In this economic system, the production and distribution of goods and services are determined by supply and demand in the market, with little to no government intervention.

Step-by-step explanation:

A pure market economy is sometimes called capitalism. In this economic system, the production and distribution of goods and services are determined by supply and demand in the market, with little to no government intervention. Prices are set by the forces of supply and demand, and individuals and businesses compete freely for resources and consumers.

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