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Social Studies, 22.10.2020 01:01 frisha

A chef decides to quit her job and start her own restaurant. She borrows money from a bank, buys a building, and hires
employees to work there. Her food is loved all over the city,
so she is able to charge very high prices and becomes
extremely wealthy within a few years.
The situation described in the passage would most likely take place in which
economic system?

A. Market economy
B. Traditional economy
C. Command economy
D. Communist economy

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Answers: 1

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A chef decides to quit her job and start her own restaurant. She borrows money from a bank, buys a...

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