One desirable outcome of a market economy is that it leads to a more equitable distribution of income.

Question

Quizplus · Accepted Answer

A market economy typically allows for the accumulation of wealth by those who are already wealthy, leading to a wider gap between the rich and the poor. While competition can drive wages up for certain occupations or industries, it does not necessarily result in an overall equitable distribution of income.

One Desirable Outcome of a Market Economy Is That It