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Under which economic system are businesses privately owned, with the possibility of profit?. . A.traditional economy. B.command economy . C. communist economy . D. market economy

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ChemistEncoder
DMarket economy
Market economies allow for private businesses and investors to own companies with little to no government interference. Businesses can produce and manufacture what they want, and sell it to whom they choose and at what price.
ayokenny2001

The economic system that are businesses privately owned, with the possibility of profit is market economy.

What is market economy?

A market economy is an economic system where the prices of goods are and economic decisions are based on the collective interactions of the individual people in the economy and the businesses present.

It is to be noted that most of the resources, goods, and services are owned by individual or private sectors in a market economy.

Hence, the economic system that are businesses privately owned, with the possibility of profit is market economy.

Learn more about market economy here: https://brainly.com/question/13240165

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