Consumer sovereignty is to free markets what paternalism is to ________.

Question

Quizplus · Accepted Answer

Paternalism refers to the practice of restricting or limiting individuals' freedom in order to protect their perceived best interests. This is often associated with government interventions or regulations intended to protect individuals from harm, but which limit their choices or actions. Consumer sovereignty, on the other hand, is a core feature of free markets, emphasizing the power of individual consumers to shape economic outcomes by making choices in the marketplace. The two concepts are thus opposed and not directly comparable.

Consumer Sovereignty Is to Free Markets What Paternalism Is to ________