Which of the following is most limited in scope under a pure market economy?
A)Freedom of choice.
B)Consumer sovereignty.
C)Entrepreneurship.
D)Government.

Question

Which of the following is most limited in scope under a pure market economy?
A)​Freedom of choice.
B)​Consumer sovereignty.
C)​Entrepreneurship.
D)​Government.

Quizplus · Accepted Answer

In a pure market economy, government intervention and regulation are minimized, thus limiting the scope of government involvement in the economy. Freedom of choice, consumer sovereignty, and entrepreneurship are all important aspects of a market economy and are typically encouraged rather than limited in scope.

Which of the Following Is Most Limited in Scope Under