Only a market economy must answer the questions of what goods to produce, how to produce them, and for whom to produce them.

Name: Only a market economy must answer the questions of what goods to produce, how to produce them, and for whom to produce them.
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Question

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All types of economies, including market, mixed, command, and traditional economies, must address the questions of what goods to produce, how to produce them, and for whom to produce them, though the mechanisms for answering these questions vary.

Only a Market Economy Must Answer the Questions of What