In the country of Zuri, all industries and institutions of economic production are privately owned. With free competition among producers and consumers, profit-making is the main target. Which of the following types of economies is prevalent in Zuri?
a. command economy
b. mixed economy
c. socialist economy
d. capitalist economy
Question 2
The economies of most nations today are ________.
a. market economies
b. planned economies
c. command economies
d. traditional economies
