In which type of economy do the forces of supply and demand typically drive prices?
A. a market economy
B. a traditional economy
C. a planned economy
D. a command economy

A market economy uses supply and demand to control prices. For example, if the supply is low and demand is high, then the prices will be high and vice versa. This causes competition between companies and offers consumers different choices to buy from. Additionally, this type of economy has low government control giving citizens more freedom.

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In which type of economy do the forces of supply and demand typically drive prices? A. a market economy B. a traditional economy C. a planned economy D. a command economy

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In which type of economy do the forces of supply and demand typically drive prices?
A. a market economy
B. a traditional economy
C. a planned economy
D. a command economy