An economic system in which the producer and the consumer are the same is referred to as a
a
mixed economy
b
subsistence economy
c
capitalist economy
d
socialist economy
Explanation
Correct Option
bNo explanation available
Video Explanation
No video available
Post your Contribution
Share:
Discussions (4)
Iyanuharuna
5 years ago
Subsistence economy is correct. Let's take a subsistence farmer for example; he produces food for only himself and his family. He is the producer of the food and is also the consumer
chinexprince
8 years ago
Pls i don't know y u choose subsidence economy when we don't we don't have it as an economic system
