answersLogoWhite

0

There are several such systems, but the most popular is the laissez-faire system.

User Avatar

Jerald Orn

Lvl 10
3y ago

What else can I help you with?

Related Questions

In which economic system does the government make most economic decisions?

command economy


In which type of economic system does the government make no economic decisions?

There are several such systems, but the most popular is the laissez-faire system.


What does the government have to do with making economic decisions?

The government has to make economic decisions by budget, giving aid, and the government gets their money from taxes.


In which type of economics system does the government make no economic decisions?

There are several such systems, but the most popular is the laissez-faire system.


Who makes decisions for a mixed economy?

Government officials and legislatures make economic decisions


Government makes some economic decisions individuals and companies make other decisions?

Mixed economy.


What is a free system?

A free enterprise system allows individuals to make their own economic decisions, without interference from the government. Free enterprise is a private profit-potential businesses system.


What is a free interprise system?

A free enterprise system allows individuals to make their own economic decisions, without interference from the government. Free enterprise is a private profit-potential businesses system.


What group of players make all of the economic decisions in a freemarket system?

The US, Japan and Germany are all market economies. In a traditional economy. In market economies, economic decisions are made by individuals.


What is the role of consumers and producers in a free-market system?

They make the economic decisions.


What is the role of consumer in a free market system?

C. They make the economic decisions


What is an economic system in which individuals make decisions on what to produce called?

Market Economy