In a market economy, income depends mostly on

Name: In a market economy, income depends mostly on
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In a market economy, income depends mostly on productivity, which is a measure of how efficiently inputs are converted into outputs. Those who can produce more goods and services per unit of time are typically able to command a higher income. Luck, age, sex, and discrimination may play a role in certain circumstances, but overall productivity is the primary determinant of income in a market economy.

In a Market Economy, Income Depends Mostly on