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1 vote
Which of the following is a type of market economic system? Communism Socialism Fundamentalism Capitalism

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User Xsl
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2 Answers

5 votes
Capitalism, the others are forms of government or political ideologies.
answered
User Guice
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8.9k points
7 votes

The fourth alternative is correct (D).

The capitalist system of production is an economic model based on a market economy.

A market economy is one in which there is free entry and exit of firms, which compete for consumers through the price and differentiation of their products.

The capitalist system is in force in most of the world, with the US being the symbol of this model.

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User Monkrus
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