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In the United Kingdom, who decides which goods will be produced and sold

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Final answer:

In the United Kingdom, a market economy driven by businesses largely decides what goods and services will be produced, based on consumer demand. The distribution of these goods and services is then determined by individuals' ability to purchase them.

Step-by-step explanation:

In the United Kingdom, a market economy predominantly decides which goods and services will be produced. This means that businesses are the main entities that determine how to utilize productive resources. They make decisions based on consumer demand and are responsible for the employment and remuneration of labor. A market economy relies on the price mechanism, where the forces of supply and demand establish the prices of goods and services and therefore, what is to be produced.

On the other hand, a command economy is one in which the government has significant control over production and distribution. It directs what needs to be made, how it is to be produced, and who gets the final products or services. However, the UK's economy is more aligned with a market economy than a command economy. The recipients of goods and services in a market economy are primarily the consumers who have the means to afford them.

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