ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC SYSTEMS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which economy is dictated by supply and demand and the buyers and sellers?
A
Market
B
Socilaism
C
Mixed
D
Command
Explanation: 

Detailed explanation-1: -Market economies work using the forces of supply and demand to determine the appropriate prices and quantities for most goods and services in the economy.

There is 1 question to complete.