In a market system, self-interest is the motivating force that:A. Makes individuals unwilling to deliver anything of value to othersB. Makes owners of resources always want to use their resources themselvesC. Leads the economy to chaos and confusion, especially the larger economiesD. Coordinates and creates consistency in the operations of various parts of the economy

Question

Business

Kasey Lawson

16 May, 18:37

In a market system, self-interest is the motivating force that:A. Makes individuals unwilling to deliver anything of value to othersB. Makes owners of resources always want to use their resources themselvesC. Leads the economy to chaos and confusion, especially the larger economiesD. Coordinates and creates consistency in the operations of various parts of the economy

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Answers (1)

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Aryn · Answer 1

The correct answer is D. Coordinates and creates consistency in the operations of various parts of the economy.

Explanation:

The market economy system has advantages and disadvantages in its operation that should be reviewed before starting the study of the centralized economy system. The market economy system works with a high degree of efficiency and economic freedom. Economic agents, both companies and individuals, act guided by their own interest and freely. The price system encourages producers to manufacture the goods that the public wants. Price movements that act as signals in a correct way, while trying to reach their own interest.