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Which of the following qualities is a sign that a country has a market economy?
The country’s agriculture is collectivized.
The country’s economic policies are flexible.
The country’s government controls all production.
The country’s businesses are fully regulated.
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which of the following qualities in the science that a country is main
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Brief explanations are given for these characteristics of the market system: private property, freedom of enterprise and choice, the role of self-interest, competition, markets and prices, the reliance on technology and capital goods, specialization, use of money, and the active, but limited role of government.
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