What is a characteristic feature of market economies?

A. inherited economic roles

B.valuable natural resources

C. government ownership of land

D.high levels of entrepreneurship

Question

01-09-2021
Social Studies

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What is a characteristic feature of market economies?

A. inherited economic roles

B.valuable natural resources

C. government ownership of land

D.high levels of entrepreneurship

Sagot :

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Hzidouembaidn Hzidouembaidn · Answer 1 · 2021-09-01T11:42:46-04:00

Hzidouembaidn Hzidouembaidn

01-09-2021

Answer: I think it C. government ownership of land

Explanation:

A market economy functions under the laws of supply and demand. It is characterized by private ownership, freedom of choice, self-interest, buying and selling platforms, competition, and limited government intervention. Competition drives the market economy as it encourages efficiency and innovation.

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