59.3k views
5 votes
The factors of production in a pure market economy is/are owned by ______.

User Vishesh
by
7.5k points

1 Answer

6 votes

Answer:

Households

Step-by-step explanation:

Because these factors are sold to the firm's to produce goods &services through factor markets .The firms make use of these resources and provide goods & services to the households through product market .

User Mischa Kroon
by
7.1k points