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Which statement best describes a pure market economy?

Producer intervention in economic choices is strictly forbidden.
The government determines economic choices and makes most decisions.
The decisions made by producers and consumers drive all economic choices.
Producers and consumers make some economic choices while the government makes others.

Respuesta :

C. The decisions made by producers and consumers drive all economic choices.

ayokenny2001

The best statement is: The decisions made by producers and consumers drive all economic choices.

What is pure market economy?

A pure market system involves the free exchange of goods and services and private ownership of property.

For a pure market economy, one of its distinct characteristic is that there is no government involvement in the market.

The above means that all economic choices and activities in a country are in control of private sectors.

Therefore, the decisions made by producers and consumers drive all economic choices best describes a pure market economy.

Learn more about pure market economy here : https://brainly.com/question/10905894

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