Which economic system is least regulated?AcapitalismBsocialismCa mixed systemDcommunism
Question
Which economic system is least regulated?AcapitalismBsocialismCa mixed systemDcommunism
Solution
The economic system that is least regulated is A. Capitalism. In a capitalist economy, the market determines production, distribution, and price decisions. The government's role is to protect property rights, uphold the rule of law, and maintain the value of the currency. Market forces such as supply and demand are allowed to operate with little to no government intervention, making it the least regulated economic system.
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