question 6 - multiple choice\neconomic decisions are made by individuals or the open market\ncommand…

question 6 - multiple choice\neconomic decisions are made by individuals or the open market\ncommand economy\ntraditional economy\nmixed economy\nmarket economy

question 6 - multiple choice\neconomic decisions are made by individuals or the open market\ncommand economy\ntraditional economy\nmixed economy\nmarket economy

Answer

Brief Explanations:

In a market economy, economic decisions like what to produce, how to produce, and for whom to produce are made by individuals and the open - market forces of supply and demand. In a command economy, decisions are made by the government. In a traditional economy, decisions are based on custom and tradition. A mixed economy has elements of both command and market economies.

Answer:

D. Market Economy