Which of these is a characteristic of a market economy?

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Gene Bogdanovich asked Dec 7, 2023

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Which of these is a characteristic of a market economy?

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Gene Bogdanovich asked Dec 7, 2023

by Gene Bogdanovich

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Answer:

market economy functions under the laws of supply and demand. It is characterized by private ownership, freedom of choice, self-interest, buying and selling platforms

Vovanium answered Dec 9, 2023

by Vovanium

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27 votes

Answer:

Limited business rights

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Ruchira Nawarathna answered Dec 11, 2023

by Ruchira Nawarathna

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