Two major virtues of the market system are that it:
-results in an equitable personal distribution of income and always maintains full employment.
-results in price level stability and a fair personal distribution of income.
-allocates resources efficiently and allows economic freedom.
-eliminates discrimination and minimizes environmental pollution.
+3
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Two major virtues of the market system are that it: -results in an equitable personal distribution of income and always maintains full ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » Two major virtues of the market system are that it: -results in an equitable personal distribution of income and always maintains full employment. -results in price level stability and a fair personal distribution of income.