delongville lets private citizens create their own businesses and take ownership of the economy. citizens…

delongville lets private citizens create their own businesses and take ownership of the economy. citizens must work and participate in the market to get resources. what type of economic system is delongville?\ncapitalism\nsocialism\ncommunism\nmercantilism\nwhich of the following describes a market economy?\njustin is put in jail for arson when he burned down the school\njosiah notices a lot of people in his neighborhood have dogs so he decides to start a dog walking business\nkevin grows up in a small village and becomes a fisherman just like his father and grandfather\nthe leader of your country decides haley will become a coal miner

delongville lets private citizens create their own businesses and take ownership of the economy. citizens must work and participate in the market to get resources. what type of economic system is delongville?\ncapitalism\nsocialism\ncommunism\nmercantilism\nwhich of the following describes a market economy?\njustin is put in jail for arson when he burned down the school\njosiah notices a lot of people in his neighborhood have dogs so he decides to start a dog walking business\nkevin grows up in a small village and becomes a fisherman just like his father and grandfather\nthe leader of your country decides haley will become a coal miner

Answer

Brief Explanations:

  1. In capitalism, private - citizens can create their own businesses and own parts of the economy, and they participate in the market to get resources.
  2. For the second question, in a market economy, individuals can start businesses based on market demand. Josiah starting a dog - walking business due to the high number of dog - owners in his neighborhood is an example of market - driven decision - making.

Answer:

  1. A. Capitalism
  2. B. Josiah notices a lot of people in his neighborhood have dogs so he decides to start a dog walking business