Khatami's economic policy supported what kind of market?
Closed market
Free market
State-controlled market
Isolationist market
Answer
Free market, as supported by Khatami's economic policy, refers to an economic system characterized by limited government intervention, allowing individuals and businesses to freely engage in economic activities such as buying, selling, producing, and distributing goods and services, with minimal restrictions and regulations. It promotes individual competition, consumer choice, and allocates resources based on market dynamics of supply and demand rather than state control or planning.
Exploring the Era of Reform: The Mohammad Khatami Presidency Quiz
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