Question

Because consumers and business operators have more freedom to make choices about what goods and services to produce and purchase _________.

A) Traditional economies flourish
B) Command economies become dominant
C) Market economies thrive
D) Socialist economies collapse

Answer 1

In market economies, consumers and business operators have the freedom to make choices about what goods and services to produce and purchase, which allows market economies to thrive.

Step-by-step explanation:

The correct answer is C) Market economies thrive.

In market economies, consumers and business operators have the freedom to make choices about what goods and services to produce and purchase. This freedom allows market economies to thrive because it encourages competition, innovation, and efficiency in the production and distribution of goods and services.

For example, in market economies, businesses have the freedom to produce goods and services that they believe will meet consumer demands. If consumers have the freedom to choose what goods and services they want to purchase, businesses that offer high-quality products at competitive prices will attract more customers and succeed in the market.