Select the correct answer. which feature is characteristic of a market economy? a. government provides basic goods. b. self-interest motivates buyers. c. people have less economic freedom. d. people have no property rights.

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23-08-2022
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Select the correct answer. which feature is characteristic of a market economy? a. government provides basic goods. b. self-interest motivates buyers. c. people have less economic freedom. d. people have no property rights.

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pragyavermav1 pragyavermav1 · Answer 1 · 2022-08-29T08:59:42+02:00

Characteristic of a market economy is a. government provides basic goods.

A marketplace financial system is a financial device in which forces, known as supply and demand, direct the manufacturing of products and offerings. market economies are not controlled by a central authority (like a government) and are as an alternative based on voluntary change.

A marketplace financial system is an economic system in which the decisions concerning funding, manufacturing, and distribution to the customers are guided by means of the fee indicators created through the forces of delivering and call for, in which all providers and clients are unimpeded by charge controls or restrictions on settlement freedom.

The hobby in a marketplace economic system is unplanned. It isn't prepared through any significant authority but is as a substitute decided by way of the supply and call for of products and offerings. The united states, England, and Japan are all examples of market economies.

Learn more about the market economy here https://brainly.com/question/11471834

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