The concept of the free market is of a set of economic arrangements
A)that are necessarily democratic.
B)where the few rule the many.
C)where the government imposes a rational order on the people through laws.
D)with no, or only a minimal, role for the government.

Question

Quizplus · Accepted Answer

The concept of the free market is based on the idea of minimal government intervention in the economy, allowing market forces such as supply and demand to determine prices and allocate resources. This means that individuals and businesses are free to make their own economic decisions without interference from the government. Therefore, the correct choice is D.

The Concept of the Free Market Is of a Set