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21. Which one of the following is a characteristic of a market economy? A. All resources are owned by the state. B. All resources are owned by the private sector. C. All decisions are made by a central
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21. Which one of the following is a characteristic of a market economy? A. All resources are owned by the state. B. All resources are owned by the private sector. C. All decisions are made by a central planning committee. D. The government decides on what, how and for whom to produce.

User Joseph Thomson
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Answer:

b

Step-by-step explanation:

All resources are owned by the private sector

User Joseph Cho
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