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jannacovelli199 jannacovelli199
  • 07-02-2017
  • Social Studies
Answered

In which economic system do producers make economic decisions while following government regulations?

Verified Answer :

katiekitkat34
katiekitkat34 katiekitkat34
  • 07-02-2017

This is fairly ambiguous. Command economies (read communism) have companies follow government mandates. Capitalism allows companies to do what ever. Most economies are a blend of the two, leaning towards capitalism but with gov regulation making sure producers aren't doing anything unethical.

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