An economic system characterized by private resource ownership and public resource allocation decisions is a________ economic system.
Question:
An economic system characterized by private resource ownership and public resource allocation decisions is a________ economic system.
a. Market capitalist
b. Market socialist
c. Command capitalist
d. Command socialist
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The correct answer is b Market socialist because a market socialist economic system is character...View the full answer
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Related Book For 
Introduction To Economics Social Issues And Economic Thinking
ISBN: 9780470574782
1st Edition
Authors: Wendy A. Stock
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