The government establishes a set price for shoes. What best describes a capitalist economy . Individuals make most economic choices. Offered Price: $ 5.00 Posted By: solutionshere Posted on: 09/03/2015 08:23 PM Due on: 10/03/2015 . D. Businesses determine most economic . The production of goods and services is determined primarily by markets, but the allocation of goods and services is determined primarily by government. "The Role of Self-Interest and Competition in a Market Economy - The Economic Lowdown Podcast Series, Episode 3." The production of goods and services is determined primarily by government, but the allocation of goods and services is determined primarily by markets. A. 3 = 102 would be used to verify the equation 102 ? Which statement best describes a command economy? Capitalism has been dominant in the Western world since the end of feudalism. Asked 11/2/2014 7:34:42 PM. 2016-02-07 03:46:15. Its democratic nature allows pluralism and recognizes the idea … the government is in control of the nation’s economy. D. Businesses determine most economic outcomes. Accessed May 22, 2020. it is an economic system that relies on a free market. B.a market system. Command Economy is a Government system where the determination of good production, quantity to be produced and the price of the goods at the time of sales is carried out keeping the free market aside. it is an economic system that relies on a free market. Which statement best describes a capitalist economy. Which of the following statements describes a pure capitalist economy? C.communism. Question. The production of goods and services is determined primarily by markets, but the allocation of goods and services is determined primarily by government. 0 1 2. Problem 4MCQ from Chapter 2: Which statement best describes a capitalist economy?A. Loose-Leaf Microeconomics Brief Edition (2nd Edition) Edit edition. Question. Question Purchase it . A. Switch to. D. The production and allocation of goods and services is determined primarily through government. it requires a nation to export goods worth more than the goods it imports. Economic growth is shown by a shift of the production possibilities curve outward and to the right. Determine whether each statement best describes capitalism or mercantilism. a. capitalism is an economic system in which the means of production and distribution a. B. What best describes a capitalist economy . C. The production and allocation of goods and services is determined primarily through markets. Citizens are encouraged to offer criticism of government policies. A. B.The production of goods and services is determined primarily by … the government is in control of the nation’s economy. Which of the following would be most likely to happen in a capitalist economy? 4. Asked by Wiki User. Which statement best describes the idea of monetarism? Which statement best describes capitalism? Which statement best describes a command economy? The government sets prices of goods and services and distributes them. A.increasing the level of productive resources so there is maximum output in society. USHC-4.3 A) Capitalist B) Socialists C) Marx… c. Compared to capitalist nations, socialist societies provide more individual liberty and freedom. Question Purchase it . C.The production and allocation of goods and services is determined primarily through, D.The production and allocation of goods and services is determined primarily through. Share what’s outside your window and all around you. C.how people, institutions, and society make choices under conditions of scarcity. b. SURVEY . Which statement best describes militarism? What do these words mean: entrepreneur, economic imperialists, capitalist, Rupert's land, depot, cooperage, pemmican. 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