A market economy creates greater incentives for _________________ than either a planned or a mixed economy.

Name: A market economy creates greater incentives for _________________ than either a planned or a mixed economy.
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Question

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A market economy fosters competition among businesses to develop new products and services, which drives innovation. In contrast, planned and mixed economies may have more regulations and less competition, potentially stifling innovation.

A Market Economy Creates Greater Incentives for _________________ Than Either