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2 March, 18:01

Which of the following has a pure market economy? the United States China Great Britain none of the above

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  1. 2 March, 19:10
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    United States

    The United States is said to have a pure market economy since price, production and labor are decided by the companies, consumers and workers without the influence or aid from the government. Thus, companies can decide on prices that the consumers are willing to pay while workers can demand on wages that companies are willing to give for their services.
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