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Question 7 (3 points) Which economic system has a privately owned means of production? mixed economy command economy market economy traditional economy

Question 7 (3 points) Which economic system has a privately owned means of production? mixed economy command economy market economy traditional economy
asked 176k views
3 votes
Question 7 (3 points)

Which economic system has a privately owned means of production?
mixed economy
command economy
market economy
traditional economy

asked
User XpressGeek
by
8.5k points

1 Answer

4 votes
Market economy because market economy means that business is almost entirely privately owned by the seller
answered
User TibiaZ
by
8.6k points
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