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This type of economy is also known as capitalism. a. mixed economy c. market economy b. command economy d. centrally planned economy
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Asked 6/5/2013 12:26:20 AM
Updated 6/7/2015 5:00:04 AM
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Flagged by alfred123 [6/7/2015 5:00:01 AM]
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User: This type of economy is also known as capitalism. a. mixed economy c. market economy b. command economy d. centrally planned economy

Question
Asked 6/5/2013 12:26:20 AM
Updated 6/7/2015 5:00:04 AM
1 Answer/Comment
Flagged by alfred123 [6/7/2015 5:00:01 AM]
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MARKET ECONOMY is also known as capitalism.
Added 6/7/2015 5:00:04 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [6/7/2015 5:17:04 AM]
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Capital and information are needed to get goods produced. Prices can provide both because it carries information to the buyer and the seller.
Added 11/29/2014 10:17:35 AM
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