What is a characteristic of a market economic system?
A.
consumers decide whether production is labour-intensive or capital-intensive
B.
factors of production are government-owned
C.
high levels of government intervention
D.
land and capital are privately owned
Exam No：0455_m25_qp_12 Year：2025 Question No：8
Answer:
D
Knowledge points:
2.9.1 definition of market economic system
2.9.2 advantages and disadvantages of the market economic system
Solution:
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