A free market is one in which decisions about what to produce and in what quantities are made by:
A) the Fed
B) the community
C) the market
D) the Congress

Question

Quizplus · Accepted Answer

In a free market, decisions about what to produce and in what quantities are made by the market, or in other words, by the interactions between buyers and sellers. The government or any other central authority does not control or direct these decisions. This leads to a decentralized and self-regulating system where prices play a crucial role in allocating resources and coordinating economic activity.

A Free Market Is One in Which Decisions About What