In a capitalist economy, what is produced is decided mainly by

a central planning authorityCorrect answerYour answerthe needs of society as judged by the stateCorrect answerYour answervillage councilsCorrect answerYour answermarket forces of demand and supplyCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer D

Correct answer: D

Firms produce what buyers want and will pay for, since that earns a profit.

Concept: Capitalist economy
Typical timeTypical: 40 s
Your timeYours: —

The rule this testsEconomic systems

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In a capitalist economy, what is produced is decided mainly by

Explanation