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In which economic system does choice play the biggest role?

asked
User Kodaloid
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2 Answers

3 votes

economic system. the way a society uses its resources to satisfy people's wants.

traditional economy. ...

market economy. ...

command economy. ...

communism. ...

market. ...

laissez faire. ...

capitalism.

answered
User Nathan Bedford
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8.9k points
1 vote

Answer:

The right answer is market economy system.

Step-by-step explanation:

In this kind of system individuals are the owners of the factors of productions so they are the ones who decide what and how produce. In this system, the market in where the products are exchanged leads economic choices. Competition allows the consumer to have a lot of options of products and are useful to determine its price

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User Anbarasan
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8.3k points

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