Most of the iceberg is submerged. The same is true for a culture. That which you can easily see â the behavior of people â is the smallest part of culture. It is external while the greatest part, internal culture, is beneath the water level of awareness.
What kind of economy uses a free-enterprise system? a. closed economy b. command economy c. market economy d. traditional economy. Market economy uses a free-enterprise system.
there are three types of economic systems: Market economy- it is that type of economy in which decisions are taken on the basis of market forces(demand & supply).producers are free to produce. they will produce the product which is high in demand and will give maximum profit. and consumers are free to consume those goods and services which gives them maximum satisfaction.Market economy is also known as free economy i.e. without the intervention of government.