Which of the following is assumed to be most limited in scope under a market system?
A) Entrepreneurship
B) Self-interest
C) Competition
D) Government

Question

Quizplus · Accepted Answer

In a market system, the role of government is assumed to be limited in scope. The market system relies on private property rights, voluntary exchange, and self-regulation through competition. While entrepreneurship, self-interest, and competition are also important components of the market system, they are not inherently limited in scope like government intervention.

Which of the Following Is Assumed to Be Most Limited