Problemas
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Choose
n
Capitalism
Communism
Socialism
Traditional
cnoose
nment both own factors of production
istem is the most common in the world"
Producers decided what to make based on consumer demand. Choose n Capitalism Communism Socialism Traditional cnoose nment both own factors of production istem is the most common in the world
Solución
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The correct answer is 'Capitalism'.
Explicar
## Step 1<br />The problem is asking us to identify the economic system where producers decide what to make based on consumer demand. This is a characteristic of a market economy, which is a type of economic system where the production of goods and services is determined by the demand and supply in the market.<br /><br />## Step 2<br />Among the given options, capitalism is the economic system that best fits this description. In a capitalist system, the production of goods and services is determined by the demand and supply in the market. Producers decide what to make based on consumer demand, and consumers decide what to buy based on their preferences.<br /><br />## Step 3<br />The other options, communism and socialism, are economic systems where the government owns and controls the means of production. In these systems, the government decides what to produce, how to produce it, and who will get the final product.<br /><br />## Step 4<br />The traditional economic system is based on customs, traditions, and beliefs. In this system, the production of goods and services is determined by the customs and traditions of the community.
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