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is an economic system based on free markets, in which all or most of the factors of production and stribution are privately owned and operated
is an economic system based on free markets, in which all or most of the factors of production and stribution are privately owned and operated for profit.
a Capitalism
b Socialism
c Mixed economy
d Communism
e Command economy
The "invisible hand" refers to:
a a description of the benefits of a communist economy.
b a description of the benefits of a command economy.
c a description of the benefits of a mixed economy.
d a description of individual personal gains benefiting others.
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