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4 December, 14:41

What economic system would promote people buying more products and

technology?

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Answers (1)
  1. 4 December, 15:11
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    Market economic system would promote people to buy more products and technology.

    Explanation:

    An economy in which demand and supply drives economic decision, like the investments, production and distribution of goods or services, and pricing is a market economy. A market is a central space of exchange through which people are able to buy or trade goods and services. A market economy develops free competition among the participants. The significant merits of the market economy are improved production, efficiency, and innovation.
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