Question

Which of the following BEST explains the function of markets? Group of answer choices Markets ensure that government does not intervene in the production of goods and services. Markets enable people to buy what they need and sell the goods and services they produce. Markets ensure economic equity for all people. Markets provide individuals with public places for the exchange of ideas.

Answer 1

Markets enable people to buy what they need and sell the goods and services they produce.

Explanation

CANVAS

Answer 2

Answer: Markets provide individuals with public places for the exchange of ideas.

Step-by-step explanation:

A market is a place which provide a space for economic decisions like pricing of goods and services which are mediated by the interaction between the interested public and the business owners. This may also involve the government interventions to invigilate the market practices of the business owners.

It is a place for new entrepreneurs to share their ideas with public with associated benefits for the customers. Also the customers can share their opinions about their needs so that products and services can be arranged and designed in accordance to the needs of the customers.