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Free market economies are able to attain economic growth because:

A. consumers are willing to pay higher prices.
B. competition encourages innovation.
C. the government provides incentives.
D. well-regulated markets keep economic conditions stable.


Sagot :

Final answer:

Free market economies achieve economic growth through competition-driven innovation.


Explanation:

Free market economies are able to attain economic growth because competition encourages innovation, which drives producers to improve products and services to attract customers. In a free market economy, businesses must constantly innovate and offer better quality or lower prices to stay competitive, leading to overall economic growth.


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