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Question 4 True or False: Of the Four Different Economic Systems in the World, There Is No 100% , Totally Market Economy Country True B

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Question 4 True or False: Of the four different economic systems in the world, there is no 100% , totally market economy country True b False

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Norma élite · Tutor durante 8 años
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Respuesta

False. There are countries that have a totally market economy, where the government does not intervene in the economy and the market is left to operate on its own. However, it is rare to find a country that has a completely free market economy, as most countries have some level of government intervention in the economy.