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12 March, 09:28

Which statement is true about market economies?

Government goals drive business decisions.

People have the freedom to choose their jobs.

Several pure market economies exist around the world.

They combine elements of traditional and planned economies.

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  1. 12 March, 12:41
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    I think the correct answer from the choices listed above is the last option. Market economies combine elements of traditional and planned economies. It is an economic system in which economic decisions and the pricing of goods and services are guided solely by the aggregate interactions of a country's individual citizens and businesses.
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