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One form of a market economy is characterized by privately-owned businesses engaged in making a profit. What type of economy is this? A. socialist B. capitalist C. planned D. gift
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1 vote
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One form of a market economy is characterized by privately-owned businesses engaged in making a profit. What type of economy is this?

A. socialist
B. capitalist
C. planned
D. gift

User Reneruiz
by
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2 Answers

19 votes
19 votes

Answer:

capitalist

Explanation:

User Mudassar Ashraf
by
2.8k points
10 votes
10 votes
B. capitalism

capitalism is an economic system characterized by private ownership of the means of production, especially in the industrial sector.
User Bobthyasian
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