In a market economy, who will get the goods that are produced?

Name: In a market economy, who will get the goods that are produced?
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Question

Quizplus · Accepted Answer

In a market economy, goods are allocated to those who are willing and able to pay for them. This means that those with sufficient income and who are willing to pay the asking price will be able to obtain the goods. The decision is not based on personal preferences or government intervention, but on the interaction of supply and demand in the marketplace.

In a Market Economy, Who Will Get the Goods That