An economic system that focuses on supply and demand in the marketplace and emphasizes minimal government regulation of the economy is called
A)a command economy.
B)mercantilism.
C)colonialism.
D)a laissez-faire economy.
E)socialism.

Question

Quizplus · Accepted Answer

A laissez-faire economy is a free-market economy in which the government does not interfere in economic transactions between private parties. This system is based on the principles of supply and demand and minimal government intervention, making it the best choice.

An Economic System That Focuses on Supply and Demand in the Marketplace