Even countries that depend primarily on market forces to resolve the basic economic questions will usually rely on the collective decision-making process to
A) determine the prices of goods and resources.
B) allocate goods that are essential to life.
C) determine the distribution of income among citizens.
D) define and enforce private-property rights and designate the acceptable forms of competitive economic behavior.

Question

Quizplus · Accepted Answer

Even in market economies, the government plays a role in defining and enforcing private property rights and designating acceptable forms of competitive economic behavior.

Even Countries That Depend Primarily on Market Forces to Resolve