Market economies produce outcomes that are

Question

Quizplus · Accepted Answer

Market economies have been shown to have certain drawbacks such as inequality, lack of regulation leading to negative externalities, and potential for market failures. However, compared to command economies, they are still generally more efficient and able to provide greater opportunities for innovation and growth. Therefore, market economies are far from ideal in some respects, but still preferred over other systems.

Market Economies Produce Outcomes That Are