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The term market economy is often used interchangeably with what other term? A. Socialism B. Capitalism C. Communism D. Democracy
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The term market economy is often used interchangeably with what other term?

A. Socialism

B. Capitalism

C. Communism

D. Democracy

User Rostyslav
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1 Answer

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Answer:

B. Capitalism

Step-by-step explanation:

Capitalism is a type of economic system where individuals or corporations own capital goods and make financial decisions based on market prices, cost of production, and distribution of goods which are determined by competition in the free market.

The term "market economy" is often used interchangeably with Capitalism because they are similar.

User DonGiovanni
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