What are the three main markets that comprise market capitalism?
A) the market for goods, the market for services, and the market for technology.
B) the market for goods, the market for services, and the market for labor.
C) the market for goods and services, the market for labor, and financial markets.
D) the market for services, the market for information, and financial markets.

Question

Quizplus · Accepted Answer

The three main markets that comprise market capitalism are the market for goods and services (which includes both tangible goods and intangible services), the market for labor (which involves the buying and selling of labor services), and financial markets (which deal with the buying and selling of securities and other financial instruments). Option A is incorrect as it includes the market for technology, which is not a separate market in itself, but rather a component of the market for goods and services. Option B is incorrect as it does not include financial markets. Option D is incorrect since information market is not a stand-alone market, but rather a component of the market for goods and services.

What Are the Three Main Markets That Comprise Market Capitalism