The economic system that asserts the individual's right to own private property and to buy, sell, and trade that property in a free market is __________.

Respuesta :

Answer:

Capitalism

Explanation:

Capitalism is the economic system that operates businesses in terms of profit. Private ownership of goods, land is also allowed.

The free market economy is the economy where goods and services can be traded without any external restrictions. The supply and demand of the goods and services is not influenced by the any external factors. The market runs purely on the supply and demand of the goods and services. Any property can be sold, trades or bought in this system.