In a___________ ,a market rarely remains the domain of one organization for long;thus,competition ensues almost immediately.
A)planned economy
B)mixed society
C)free-enterprise society
D)command economy

Question

Quizplus · Accepted Answer

A free-enterprise society is characterized by a competitive market where multiple organizations can participate and compete with each other. In such an economy, no organization can hold a monopoly for a long time, and thus competition becomes the norm. The other listed economies (planned, mixed, and command) do not necessarily have a competitive market structure.

In A___________ ,A Market Rarely Remains the Domain of One