Question

What are the advantages a market economy offers producers?

1. minimal government intervention
2. property rights
3. monopoly of bigger companies
4. free advertising for small businesses
5. free labor

Answer 1

Post Test: Free Market and Businesses

Unit: 2

Economics

Question #6

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What are the advantages a market economy offers producers?

The answer 100% is:

• minimal government intervention

• property rights

Step-by-step explanation:

I took the test and this is 100% right

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Answer 2

Answer: is A and B

Step-by-step explanation:

A: Because In market economy, the government could not decide the type of jobs that the citizens should have and they are free to do whatever they want as their main source of income. It also give companies the freedom to produce the goods that they have a competitive advantage of.

B: Unlike in communist countries, market economy allow the people to had ownerships of a certain property. The right of ownership cannot be forcefully taken away unless criminal actions were conducted.