0
In what type of economy does the average person have the freedom to make economic decisions?
Wiki User
∙ 14y ago
Market
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
In this type of economy the average person has the freedom to make economic decisions?
Market
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.
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.
What type of economy best fits description the average person has the freedom to make economic decision?
market A+
What are the characterstics of a pure market economy?
A pure market economy is an economy where all major economic decisions are made by individuals and private firms. Therefore some characteristics would include freedom of enterprise, and consumer sovereignty.
In this type of economy the average person has the freedom to make economic decisions?
Market
In this type of economy the average person has the freedom to make economic decisions.?
Market
What economy has economic freedom competition between businesses and decisions motivated by profit?
Market
What average person has the 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.
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.
Who ha pure market economy?
In a pure market economy, producers and consumers have the freedom to make their own economic decisions, without those decisions being guided or dictated by a central controlling mechanism.
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.
What type of economy best fits description the average person has the freedom to make economic decision?
market A+
What are the characterstics of a pure market economy?
A pure market economy is an economy where all major economic decisions are made by individuals and private firms. Therefore some characteristics would include freedom of enterprise, and consumer sovereignty.
What kind of economy does Bosnia have?
they have economic freedom
Entrepreneurs have the most economic freedom in which type of economy?
capitalism
Which of these is a correct description of one of the ways in which a command economy differs from a market economy?
In a command economy, individuals have less economic freedom.
