What are the benefits of a market economy?

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asked Apr 21, 2023 140k views

4 votes

What are the benefits of a market economy?

Social Studies
high-school

Ylli asked

by Ylli

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Answer:market economy promotes free competition among market participants. Notable benefits of a market economy are increased efficiency, production, and innovation.

Step-by-step explanation:

Martin Borthiry answered Apr 24, 2023

by Martin Borthiry

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7 votes

Answer:

increased efficiency, production, and innovation.

Step-by-step explanation:

Cbascom answered Apr 26, 2023

by Cbascom

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