Question Details

Detailed explanation and options for the selected question.

What is the main feature of a free-market economy?

A. Government control over resources
B. Decentralized decision-making by individuals
C. High taxes to support welfare programs
D. Centralized planning of economic activities

Explanation:

In a free-market economy, individuals and businesses make decisions independently. Centralized planning and government control are features of other economic systems.

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