Which term refers to an economic system in which people earn wages and buy the goods and services they choose?

Atraditional economy
Bcommand economy
Chybrid economy
Dmarket economy

Verified Answer :

It would be the term "d. market economy" that refers to an economic system in which people earn wages and buy the goods and services they choose, since here the consumer is ultimately in charge of production.

Answer:

D

Explanation: