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Alex's country was once communist, but now allows limited private ownership of companies and lets market forces determine production and pricing decisions. What kind of economy is Alex living in?
A. Market communistB. Market socialistC. CapitalisticD. Democratic

Respuesta :

gracielasordo

Answer: B. Market Socialist

Explanation:

Market socialism, also called liberal socialism, is an economy  that  represents a half- way  between socialism and free enterprise.This system allows  limited private ownership of companies but production, pricing decision and consumption  are determined and guided by market forces rather than by government planning.

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