Which of the following is a result of a market economy?
A) Environmental protection
B) An equal income distribution
C) Agreement on equity
D) Voluntary exchange

Question

Quizplus · Accepted Answer

A market economy allows for voluntary exchange between buyers and sellers based on their own self-interest. This results in the production and distribution of goods and services based on demand and supply, without any interference from the government or other central authorities. This promotes efficiency, innovation, and freedom of choice for individuals and businesses, but does not guarantee environmental protection or an equal income distribution.

Which of the Following Is a Result of a Market