Which of the following is a negative features of a free-market system?

A. Everyone has the chance to work hard and aquire wealth.

B. It's unequal some people do well while others do not

C. The individual can own property and dictate business

D. Producers and consumers set the prices the market will bear

Question

Geography

Marshall Gates

1 August, 17:45

Which of the following is a negative features of a free-market system?

A. Everyone has the chance to work hard and aquire wealth.

B. It's unequal some people do well while others do not

C. The individual can own property and dictate business

D. Producers and consumers set the prices the market will bear

+2

Answers (1)

Know the Answer?

Joel Farley · Answer 1

B. It's unequal, some people do well while others do not

Explanation:

From the suggestions, the only negative feature of the free-market system is that some people do very well, while others don't. Now this can be considered as inequality from one side, but on the other it can be looked as people getting as much as they deserve, or rather in accordance to their capabilities. The nature of people is to compete and progress, and it is very understandable when the smartest people manage to earn much more than the others, as well as the people that have lower mental capabilities earning less as that is their potential. Lot of people see this is inequality of the distribution of money, but it will also not be fair if everyone, no matter their capabilities, and what they do, earn the same.