Question

why markets are important​

Answer 1

Answer:

hope it helps

Explanation:

As everyone knows, free markets are important because they voluntarily bring together willing buyers and sellers. ... Markets, of course, reward efficiency and productivity. Put most simply, the effective capitalist holds quality constant while cutting costs and increasing output enough to achieve profitability.

Answer 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.