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