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21. Which one of the following is a characteristic of a market economy? A. All resources are owned by the state. B. All resources are owned by the private sector. C. All decisio…
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21. Which one of the following is a characteristic of a market economy? A. All resources are owned by the state. B. All resources are owned by the private sector. C. All decisio…
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Nov 10, 2024
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21. Which one of the following is a characteristic of a market economy? A. All resources are owned by the state. B. All resources are owned by the private sector. C. All decisions are made by a central planning committee. D. The government decides on what, how and for whom to produce.
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Answer:
b
Step-by-step explanation:
All resources are owned by the private sector
Joseph Cho
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