Social Sciences, asked by ssarkar32am, 6 months ago

In which economic growth
system only free operation of market mechanism / price mechanism takes place?
A) Socialist economy
B) Capitalist economy
C) Mixed economy
D) None of the above

Answers

Answered by DharshiniRajasekar

Answer:

the answer is option A socialist economy

Answered by Anonymous

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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