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Question
In a ________ economy, the central problem is solved by market forces.
In a ________ economy, the central problem is solved by market forces.
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Solution
The correct option is B market
In a market economy, the central problem is solved by market forces
of demand and supply. Market economy is also called the capitalist economy, in
which the prices are determined by the free interaction of the forces of demand
and supply. It is an automatic self-regulating mechanism which runs with the
motive of profit.
In a market economy, the central problem is solved by market forces of demand and supply. Market economy is also called the capitalist economy, in which the prices are determined by the free interaction of the forces of demand and supply. It is an automatic self-regulating mechanism which runs with the motive of profit.
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