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In Economics / Senior High School | 2025-05-16

What is a market economy driven by?
A. Traditions
B. Government officials
C. Individual choices and voluntary exchange
D. Church decisions

Asked by iamfarah9648

Answer (1)

The correct answer is letter C. In market economies, people and businesses decide how to use resources. The sari-sari store owner chooses what products to sell based on customer needs.

Answered by MaximoRykei | 2025-05-18