It has been argued that the economic freedom associated with a __________ economy creates greater incentives for innovation than either a planned or mixed economy.

Question

Quizplus · Accepted Answer

A market economy allows individuals and businesses to operate with minimal interference from the government, allowing for greater competition and incentives to innovate. In a planned or mixed economy, the government may have more control over the allocation of resources and production, which can limit innovation.

It Has Been Argued That the Economic Freedom Associated with a __________