An unregulated market economy provides material wealth but does not generate effective control of environmental damage.

Question

Quizplus · Accepted Answer

An unregulated market economy prioritizes profit over environmental sustainability, leading to detrimental effects on the environment such as pollution and resource depletion. Without regulations and incentives to promote sustainable practices, the pursuit of material wealth often results in environmental damage.

An Unregulated Market Economy Provides Material Wealth but Does Not