Question

11) The United States participates in an economy that has the following characteristics: economic freedom, competition, economic incentives, limited government influence, and private ownership. What type of economy does this BEST describe?

A.
gift economy

B.
market economy

C.
laissez-faire economy

D.
socialist economy

Answer 1

Answer:

• Laissez-faire economy with an autonomous and robust system
• I do quizzes and exams

Answer 2

Answer: B.

market economy

Explanation:

I just took the test and the market economy is the right answer, good luck :)