How does the state affect markets?
Answers
Answered by
23
Answer:
By resolving conflicts on contracts between sellers and buyers, the state can greatly improve the efficiency in market transactions. The state protects private property rights and enforces contracts by passing and enforcing laws through such organisations as courts and police.
Answered by
5
Answer:
By resolving conflicts on contracts between sellers and buyers, the state can greatly improve the efficiency in market transactions. The state protects private property rights and enforces contracts by passing and enforcing laws through such organisations as courts and police.
I hope this will help u
Similar questions