Some of the advantages of a market economy include:

Question

Quizplus · Accepted Answer

All of the choices are advantages of a market economy. A market economy allows for all participants, whether producers or consumers, to receive some satisfaction. Scarce resources are allocated based on demand, ensuring that goods and services that are most wanted are produced. Additionally, economic output is distributed to those who can afford the price, allowing for incentives for those to work harder to earn more income.

Some of the Advantages of a Market Economy Include