There are several economic systems in the world. The country of Utopia allows and encourages all members of the community to possess houses and to earn profits on them by renting the houses out to overseas tourists. Clothing and food are allocated based o

Utopia's economic system can be characterized as a **free market** system (option a). In a free market economy, individuals have the freedom to own property, make profits, and choose their careers, all of which aligns with the characteristics described for Utopia. The allocation of clothing and food based on free-market demand rather than government control further supports this classification. So the correct answer is: **a. Free market** Update (2024-11-07): Based on the description provided, Utopia appears to have characteristics of a **free market** economic system. In a free market economy, individuals have the freedom to own property, make choices about their careers, and engage in business activities such as renting out houses for profit. Since food and clothing are also allocated based on free-market demand without government control, this further supports the classification of Utopia's economy. Therefore, the correct answer is: **a. Free market**