History, asked by jc0362027, 11 months ago

which type of economic system in Mongolia developing?

socialistic
communistic
free market
centrally-planned

Answers

Answered by arshiyafathima461
5

Answer:

3.free market is the right answer

Answered by Anonymous
0

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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