Home » Economics » The economic system in which the decision s about what to produce , how to…The economic system in which the decision s about what to produce , how to… The economic system in which the decision s about what to produce , how to produce and for whom to produce are made by private firms is called A. socialism B. Welfarism C. communism D. capitalism E. traditionalism Correct Answer: Option D Explanation Related Posts Inflation can best be checked by What form of market is found in an imperfect competition where there are few buyers… The purchasing power of the naira will fall when? Nigeria’s exports usually comprise The labour force of a country best describes Government’s involvement in agricultural business in Nigeria is most manifested in the