In Which System Do Buyers and Sellers Freely Interact in Markets

question 32

Multiple Choice

In which system do buyers and sellers freely interact in markets without governmental interference? 

• A) traditional system 
• B) mixed economic system 
• C) pure free-command system 
• D) pure free-market system

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Definitions:

Bodily Structures

The physical and anatomical parts and systems that make up a living organism.

Structuralism

A school of thought in psychology that analyzes the basic elements of human thought and perception, seeing the mind as a structure made up of interconnected parts.

Consciousness

The state of being aware of and responsive to one's surroundings; a person's subjective experience of the world and mind.

Behaviourist

A psychologist who studies and interprets behavior as a function of environmental histories of reinforcing consequences.