joudk8017 joudk8017
  • 03-09-2019
  • Social Studies
contestada

An economic system based on competition among businesses, without government interference, is known as what kind of market?

Respuesta :

millermoldwarp
millermoldwarp millermoldwarp
  • 05-09-2019

Answer:  The correct answer is :  free market

Explanation: The free market is an economic system based on supply and demand with little or no government control. They are voluntary exchanges, spontaneous. There is absence of conditions and forced transactions. There are unhindered competitions and there are only private transactions between buyers and sellers.

Answer Link

Otras preguntas

Match each vocabulary word with the sentence it best completes.
With which word or group(s) of words can the subjunctive verb form were be used in place of was?
what is an advantage of using the range as a measure of variation
sketch a 3 by y square. Find its area in terms of y show your reasoning
Let f(x)= x^4 + ax^2 +b. The graph of f has a relative minimum at (0,1) and an inflection point when x=1. The values of a and b are...I AM EXTREMELY DESPERATE I
$18.00 breakfast 7% tax
In what ways are herbivores and carnivores alike
Swimming pool depth: Which is deeper? 1.4m 4ft
Vocabulary and Grammar. Which sentence contains three common nouns? A. They made a romantic pair all right, especially in the blindfold sequence. B. They bough
Wrench Width: Which is wider? 8mm and 5/16in