Economics · Economic Systems
In which economic system do private market forces determine resource allocation through price mechanisms without government intervention?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Command economy
- 2Mixed economy
- 3Free market economy✓
- 4Planned economy
Correct answer
Free market economy
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Economic Systems MCQs →Want more practice questions on Economic Systems?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economic Systems