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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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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 Robscure
by
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2 Answers

4 votes

Answer:

capitalist

Explanation:

User Brent Heigold
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4 votes
B. capitalism

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