What are indicators of a Free Market Economy? Choose all that apply.
Responses
A Buyers go to government markets with ration coupons.Buyers go to government markets with ration coupons.
B Sellers raise prices because of demand and scarcity.Sellers raise prices because of demand and scarcity.
C Buyers and Sellers set market prices on goods and services.Buyers and Sellers set market prices on goods and services.
D The government decides career paths for 18 to 24-year-olds.The government decides career paths for 18 to 24-year-olds.
E Producers only build and create items that make the most profits.
B Sellers raise prices because of demand and scarcity.
C Buyers and Sellers set market prices on goods and services.
E Producers only build and create items that make the most profits.