Markets promote

Name: Markets promote
Brand: Quizplus
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Question

Markets promote

Quizplus · Accepted Answer

Markets promote competition and voluntary exchange. While markets may provide some benefits in terms of equity and equality, promoting those values is not the primary function of a market. The primary function is to facilitate exchange between buyers and sellers, and to provide incentives for producers to produce goods and services that are valued by consumers. This helps to allocate resources efficiently and promotes economic growth.

Markets Promote