Question

what are advantages of market econonmic system?​

Answer 1

In computing, a memory module or RAM (random-access memory) stick is a printed circuit board on which memory integrated circuits are mounted. Memory modules permit easy installation and replacement in electronic systems, especially computers such as personal computers, workstations, and servers.

Answer 2

${\fcolorbox{blue}{black}{\underline{\red{Your \: Question:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:}}}}$

What are advantages of market econonmic system?

${\fcolorbox{blue}{black}{\underline{\green{Required \: Answer:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:}}}}$

The advantages of market econonmic system are:

${\fcolorbox{blue}{black}{\underline{\purple{Advantages:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:}}}}$

• Increased efficiency.
• Increased productivity.
• Increased innovation.

${\fcolorbox{blue}{black}{\underline{\pink{Explanation:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:}}}}$

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.