The economic system based upon the profit motive is the:

The economic system that is based upon the profit motive is the market economy. In this system, individuals and businesses have the freedom to produce, sell, and buy goods and services with minimal government intervention. The profit motive drives entrepreneurs to innovate and respond to consumer demands, enabling efficient allocation of resources. Prices are determined through supply and demand, allowing for flexibility and responsiveness in the market.

In contrast, a socialist economy typically prioritizes collective ownership and distribution of resources, focusing on equality and welfare rather than profit. A command economy, on the other hand, is characterized by government control over resources and decision-making, where profits are not the primary focus. A mixed economy incorporates elements of both market and command economies, balancing government intervention and market-driven forces, but the profit motive remains at the forefront of a market economy. Thus, the market economy is the system most directly aligned with the concept of profit as a driving force.