Which of the following statements most accurately identifies a serious limitation of the free-market economic system?
A)Free-market economies offer little opportunity for the poor to work their way out of poverty.
B)Free-market economies have been unable to create wealth as rapidly as other types of economic systems.
C)Free-market economies often are plagued by shortages of needed consumer goods.
D)Free-market economies result in a very unequal distribution of wealth.

Question

Quizplus · Accepted Answer

The free-market economic system often results in a very unequal distribution of wealth. This is because the system rewards those who have skills and assets that are in high demand, while leaving others behind. As a result, income and wealth inequality can be significant in free-market economies, which can have negative social and economic consequences.

Which of the Following Statements Most Accurately Identifies a Serious