Economy, asked by Anonymous, 11 months ago

give an example of a country which follow simple economy ​

Answers

Answered by shriyakodesia2005
1

Answer:

in a free market economy, the law of supply and demand, rather than our central government, regulates production and labour. companies sell goods and services at the highest price consumers are willing to pay, while workers on the highest wages companies are willing to pay for the services.

hope this helps you!!

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Answered by Anonymous
0

yes. i am freee come here....

Mark as me brainlist....

Here is ur answer:

Most countries' economies contain elements of both free market and command economies. Hong Kong's economy is considered the most free, followed by New Zealand while Algeria and Timor-Leste were the least free in 2019, according to the 2019 Index of Economic Freedom.

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