Who receives the most of what is produced in a market economy?
A)Lawmakers and other politically favoured groups.
B)Those who are willing and able to buy them.
C)People who earn the highest incomes.
D)Everyone receives an equal amount.

Question

Quizplus · Accepted Answer

In a market economy, goods and services are distributed based on the principle of supply and demand. This means that those who are willing and able to buy them receive the most of what is produced, as they are the ones who drive the market. While people who earn higher incomes may be able to afford more, the overall distribution is determined by consumer choices rather than income levels, meaning that even those with lower incomes can access basic goods and services. Politically favored groups, on the other hand, may receive special privileges or benefits, but this is not a core feature of a market economy. Finally, the notion of everyone receiving an equal amount would imply either a system of extensive redistribution or a command economy, neither of which are typically associated with market-based systems.

Who Receives the Most of What Is Produced in a Market