In a capitalist system, the decisions and actions of millions of consumers and firms are highly coordinated by
A)the state governments.
B)markets and prices.
C)a central planning agency.
D)an international organization.

Question

Quizplus · Accepted Answer

Markets and prices are the primary mechanisms through which decisions and actions are coordinated in a capitalist system, allowing for the allocation of resources based on supply and demand.

In a Capitalist System, the Decisions and Actions of Millions