Question

Discuss the features of Market system.​

Answer 1

Answer:

Private property, freedom of enterprise and choice, the role of self-interest, competition, markets and prices, the reliance on technology and capital goods, specialization, use of money, and the active, but limited role of government.

Answer 2

• Private Property.
• Economic Freedom.
• Consumer Sovereignty.
• Competition.
• Profit.
• Voluntary Exchange.
• Limited Government Involvement.

${\large{\mathcal{\blue{Have \: a \: nice \: day \: ahead}}}}$