In a capitalist, market, or free-enterprise economy, which of the following answers the 3 basic economic questions?
a) the government
b) the economic express
c) the markets
d) the churches
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think the correct answer from the choices listed above is options B. In a capitalist, market, or free-enterprise economy, it the economic experts who can answer the three basic economic questions since they a lot about the economy. Hope this answers the question. Have a nice day.
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A capitalist economy relies on free-markets to determine, price, incomes, wealth and distribution of goods. A socialist economic system is characterised by greater government intervention to re-allocate resources in a more egalitarian way. There are also different aims of the economic systems.
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