Question

Which statement best describes a pure market economy ?

Answer 1

DOWN BELOW IS QUESTION OPTIONS

Step-by-step explanation:

A: Producer intervention in economic choices is strictly forbidden.

B: The government determines economic choices and makes most decisions.

C: The decisions made by producers and consumers drive all economic choices.

D: Producers and consumers make some economic choices while the government makes others.

Answer 2

A pure market economy in a theoretical concept in that it has never really existed. In a pure market economy producers create what they want at a price consumers will pay. Consumers pay what they want. The key is no regulation.