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What type of economic system do individuals own most of the businesses?
Updated: 8/22/2023
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∙ 13y agoBest Answer
Capitalism
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Economic system in which private businesses run most industries?
Capitalism is an economic system in which individuals and private businesses run most industries
What kind of economy is one in which individuals and businesses make most economic decisions?
Market.
Is an economic system in which most economic activity occurs in the private sector where business is conducted by individuals or organizations in order to make a profit?
capitalism
What is an economic system in which the government owns most property and businesses and people have little freedom?
Well, the name for this type of system is centrally planned, and one country with this economic system is China.
In the system workers are most productive and Nations economies functions most effectively when people and businesses can pursue their economic interest privately?
Conservation
Related questions
Economic system in which private businesses run most industries?
Capitalism is an economic system in which individuals and private businesses run most industries
What kind of economy is one in which individuals and businesses make most economic decisions?
Market.
What in an economic system in which most economic activity occurs in the private sector where business is conducted by individuals or organizations in order to make a profit?
capitalism
Is an economic system in which most economic activity occurs in the private sector where business is conducted by individuals or organizations in order to make a profit?
capitalism
What is an economic system in which the government owns most property and businesses and people have little freedom?
Well, the name for this type of system is centrally planned, and one country with this economic system is China.
In the system workers are most productive and Nations economies functions most effectively when people and businesses can pursue their economic interest privately?
Conservation
In this system workers are most productive and a nation's economy functions most efficiently when people and businesses can pursue their economic interests privately?
laissez faire
In this system workers are most productive and a nation's economy functions most efficiently when people and businesses can pursue their economic interests privately.?
laissez faire
What is the most significant institution in the economic structure?
Businesses are the most significant institution in the economic structure.
What is the economic system in which most economic activity occurs in the private sector where business is conducted by individuals or organizations in order to make a profit?
capitalism
Which of these has contributed most to interconnections between individuals governments and businesses worldwide?
The internet
In what phase of the economic cycle above would individuals experience the most freedom in their economic choices?
peak
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