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An Open Market Economy Is A Unique Feature Of? - Erudites Academy
Government WAEC

An open market economy is a unique feature of?

A. welfarism
B. socialism
C. feudalism
D. capitalism

Correct Answer: Option D

D. capitalism

Explanation

An open market economy, also known as a free enterprise system or capitalism, is an economic system wherein goods and services are exchanged freely on an open market.

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