Search SchoolNGR

Friday, 17 April 2026
Register . Login

An economy system that uses what is regarded as the "Market mechanism" is ...

An economy system that uses what is regarded as the "Market mechanism" is called_______
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Mixed economy
  • B Socialism
  • C Command economy
  • D Capitalism
Correct Answer: Option D
Explanation:
The market mechanism is solved through the Forces of demand and supply in the capitalist economy which is also known as free enterprises or free market economy.

Share question on: