Major economic systems fall into free market and which other broad category?
APleated economies
BPledged economies
CPlanned economies
DPlanted economies
Answer & Solution
Correct answer: C. Planned economies
1. Free market is one category.
2. Communism and socialism form the other.
3. They are planned economies.
_Source: OpenStax Introduction to Business, Chapter 1, Understanding Economic Systems and Business._
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