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The average person has freedom to make economic decisions in an economically free society. This means that a person will be in full control of their fruits of labor.

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Karl Runte

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3y ago

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The average person has freedom to make economic decisions?

The average person has freedom to make economic decisions in an economically free society. This means that a person will be in full control of their fruits of labor.


In this type of economy the average person has the freedom to make economic decisions?

Market


In what type of economy does the average person have the freedom to make economic decisions?

Market


In this type of economy the average person has the freedom to make economic decisions.?

Market


In what economy does the average person have freedom to make economic decisions?

In a market economy, the average person typically has the freedom to make economic decisions. This system allows individuals to choose how to spend their money, what to produce, and how to invest, fostering competition and innovation. Consumers and producers interact freely within the marketplace, influencing supply and demand. Such an environment encourages personal initiative and entrepreneurship.


Because subjective decisions are based on a person's unique values and beliefs economic decisions .?

Economic decisions are based on whether the decision is profitable or not. For instance, businesses make economic decisions about when to hire employees.


What type of economy best fits description the average person has the freedom to make economic decision?

market A+


What type of economy best fits this description where The average person has the freedom to make economic decisions?

The type of economy you are looking for is Market. It allows individuals to decide for themselves, but then there is a lot of competition. the ones who are poor/the ones that loose, will end up in poverty.


A Libertarian today is a person who wants the individual to have what?

more personal freedom, less economic freedom.


Because subjective decisions are based on a person's unique values and beliefs economic decisions they will what?

vary from person to personVary from one person to another.


Because subjective decisions are based on a persons unique values and beliefs economic decisions are based on what?

vary from person to person


What is a version of the political spectrum based on economic and person freedom?

The Nolan Chart is a version of the political spectrum based on economic and personal freedom.