Social Sciences, asked by Bangpinkinyourarea74, 6 months ago

mention the advantages of the market system?​

Answers

Answered by hiteshnagrota1977
2

Answer:

The advantages of a market economy include increased efficiency, productivity, and innovation. In a truly free market, all resources are owned by individuals, and the decisions about how to allocate such resources are made by those individuals rather than governing bodies.

Answered by SPEEDMASTER5
1

Answer:

The advantages of a market economy include increased efficiency, productivity, and innovation. In a truly free market, all resources are owned by individuals, and the decisions about how to allocate such resources are made by those individuals rather than governing bodies.

Similar questions