In an idealized laissez-faire world, the distribution of products is
A)the most efficient.
B)the most fair.
C)purely random.
D)unpredictable.

Question

Quizplus · Accepted Answer

In a laissez-faire system, the market is allowed to work without interference, and prices adjust based on supply and demand. This leads to the most efficient distribution of products, as resources are allocated where they are most needed and desired, ultimately resulting in the greatest overall benefit to society. However, this efficiency does not necessarily guarantee equity or fairness in the distribution of goods and services.

In an Idealized Laissez-Faire World, the Distribution of Products Is