Question

which system is called free economy​

Answer 1

Answer:

Explanation:

The free market is an economic system based on supply and demand with little or no government control. ... Free markets are characterized by a spontaneous and decentralized order of arrangements through which individuals make economic decisions

Answer 2

Free economy is that which is based upon the principles of private enterprise and has a minimum of governmental restrictions.

Explanation:

• The free economy is also referred to as free market in an economy where there is no obstruction in form of competition and there are only private transactions between buyers and sellers.

• In a free economy the people  have the freedom to create new ideas and be innovative with new products, and new services to sell for profit.

• In the free economy they are are not directed by the government and they are not required to only produce what the government tells them to produce.

To know more about free economy

Differentiate between planned economy and free market economy

https://brainly.in/question/9868491