Both sources agree with and promote which economic philosophy?
Mercantilism
Command economy
Social Democracy
Free market capitalism

Both sources agree with and promote which economic philosophy Mercantilism Command economy Social Democracy Free market capitalism class=

Respuesta :

Answer:

The answer is free market capital

Explanation:

Both the sources that promote the economic philosophy is Free market capitalism. Thus, option fourth is correct.

What is capitalism?

Capitalism refers to the system of economics in which the market powers that is demand and supply is in the hands of the private owners who determine the level of the prices of the goods and services.

They set the prices as per their interest and profit earning margin. They work for the maximization of the profits.

Free market capitalism is the economy system in which the factors of production are influenced by the private individuals rather than the government.

Therefore, it can be concluded that free market capitalism is the source to promote the economic philosophy. Hence, option  fourth is correct.

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