Consumers usually have many choices for individual products

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Question

The capitalist economy in the United States creates an environment where consumers usually have many choices for individual products (e.g. purchasing different types of cars) due to competition among businesses. However, the decisions individual consumers make in regards to what they purchase can shape the products and services offered by businesses. This relationship suggests that the capitalist economy can be viewed as a(n)?

Reference no: EM133636626

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