An economy that gives private businesses and individuals freedom to make economic decisions is a __ A. traditional economy B. market economy C. mixed economy D. command economy

## Step 1<br />The question is asking us to identify the type of economy where private businesses and individuals have the freedom to make economic decisions. <br /><br />## Step 2<br />Let's analyze each option:<br />- A traditional economy is one that relies on customs, history, and time-honored beliefs. This type of economy does not necessarily give private businesses and individuals the freedom to make economic decisions.<br />- A market economy is one where supply and demand determine the production of goods and services. In this type of economy, private businesses and individuals have the freedom to make economic decisions.<br />- A mixed economy is a blend of a market, command, and traditional economy. It does not necessarily give private businesses and individuals the freedom to make economic decisions.<br />- A command economy is one where the government determines what goods should be produced, how much should be produced, and the price at which the goods will be offered for sale. This type of economy does not give private businesses and individuals the freedom to make economic decisions.<br /><br />## Step 3<br />Based on the above analysis, the correct answer is B. Market economy.