What ideology promotes allowing private businesses to produce goods and services according to the demands of consumers?

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Hogan

1 March, 00:47

What ideology promotes allowing private businesses to produce goods and services according to the demands of consumers?

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Answers (2)

Know the Answer?

Larissa Bernard · Answer 1

Larissa Bernard 1 March, 03:41

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Capitalism is your answer

Frida Frazier · Answer 2

Capitalism

Explanation:

Economic system based on the legitimacy of private goods and the unrestricted freedom of commerce and industry, with the main objective of gaining profit. Capitalism is based on the voluntary exchange of private property (including money) based on the idea of supply, demand and person value that each person attributes to something.