Which of the following is a good example of the transition to a market economy?
A) Farmers in the West began to try to meet the demands of the marketplace by producing animals, dairy products, grain, and vegetables on a single family farm.
B) More and more farmers, especially in the West, began to turn to subsistence farming.
C) Farm women began to produce more dairy products to be sold in the market, and then used their profits to buy factory-produced cloth.
D) Spinning and weaving at home became more and more important.

Question

Quizplus · Accepted Answer

Choice C describes a clear example of individuals participating in a market economy by producing goods for sale and using profits to purchase other goods in the market. The other choices either do not involve the market economy (choice B) or do not explicitly mention the buying and selling of goods (choices A and D).

Which of the Following Is a Good Example of the Transition