Characteristics of Wrightland 1. Decisions are made by majority rule.
2. Prices are used to allocate resources.
3. Consumer sovereignty is strong.
What type of economic system does Wrightland have?
Command economy
Communist economy
Traditional economy
Market economy

Market economy

Explanation:

Wrightland exhibits all the main characteristics of a market economy: in this economy, consumers and suppliers meet in the market, and throught the forces of supply and demand, determine the prices of goods and services.

These prices all serve the purpose of signalling the appropriate economic activitities to allocate resources.

In market economies, consumers are also very important, and businesses try to satisfy consumers in order to make higher profits.

in an absolute  monarchy, the  monarchrules as an autocrat, with absolutepower  over the state and government — for example, the right to rule by decree, promulgate laws, and impose punishments. the  monarch isnominally sovereign but the electorate, through their legislature, exercise political sovereignty.

not  

cuba  

russia  

iraq  

el salvador  

explanation:

known as the land of volcanoes, el salvador has visit seismic tremors and volcanic movement. it is the main nation in central america that does not have a coastline on the caribbean sea. about portion of all salvadorans live in the wide open. they are poor and don't have power or running water in their homes. in 1525, pedro de alvarado, a lieutenant of cortés's, vanquished el salvador. el salvador, with alternate nations of central america, pronounced its freedom from spain on sept. 15, 1821, and was a piece of a league of central american states until the point when that association broke up in 1838.