Ask Question
BusinessBusiness
15 September, 12:00

The goal of a market economy is to ...

sustain self-sufficiency.

preserve traditional customs.

create equality within a society.

promote free economic choices.

+3
Answers (1)
  1. 15 September, 15:53
    0
    In a market economy, people exchange resources like money for services or goods on a voluntary basis. The value of items being exchanged is usually dependent on how scarce the items is and how many individuals want the particular item. The price of a given item tends to be high if its demand is high. This shows that market economy promotes free economic choices.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The goal of a market economy is to ... sustain self-sufficiency. preserve traditional customs. create equality within a society. promote ...” 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.
Search for Other Answers
You Might be Interested in
Rona and stiv do business as treasure island traders. in a deal with unlimited potential, inc., rona makes a bid in competition with her firm. rona is
Answers (1)
Van Nuen Inc. began a defined-benefit pension plan for its employees on January 1, 2018. The following data are provided for 2018, as of December 31, 2018: Projected benefit obligation $ 785,000 Accumulated benefit obligation 740,000 Plan assets at
Answers (2)
Which of the following offers marketing managers a useful technique for measuring and developing a product's position by taking consumers' perceptions of how similar various brands or products are to each other and relating these perceptions to
Answers (1)
Which account offers the most liquidity? a. Certificate of deposit b. Checking account c. Money market account d. Savings account
Answers (2)
Bridgitte and Carlotta have started a business together; Carlotta put up half the money, but she is not involved in the management of the company. Bridgitte does all the hiring and supervising, as well as the general operation of the company.
Answers (1)
New Questions in Business
Which project type creates a competitive advantage that enables the organization to earn a greater than normal return on investment than its competitors?
Answers (1)
Which theory does not depend on the existence of a defined class structure? Reverse Adoption theory Traditional Adoption theory Theory of Mass Dissemination Fashion Distribution theory
Answers (1)
The preferred stock of General Motors pays an annual dividend of $1.6 forever. The appropriate discount rate is 7% per year. Attempt 1/3 for 10 pts. Part 1 What is the present value of all dividends
Answers (1)
Gross Investment 18 National Income 100 Net Exports 2 Personal income 85 Personal Consumption Expenditures 70 Saving 5 Government Purchases 20 Net Domestic Product 105 Statistical Discrepancy 0 Refer to the above data. Disposable income is: a) $83.
Answers (1)
Mishaps are normally caused by a series of conditions within a chain-of-events that set the stage for an active failure. A. True B. false
Answers (2)
Home » Business » The goal of a market economy is to ... sustain self-sufficiency. preserve traditional customs. create equality within a society. promote free economic choices.
Sign Up Forgot Password?