Which of the Following Is NOT a Characteristic of a Free-

question 87

Multiple Choice

Which of the following is NOT a characteristic of a free- market economy?

• A) The government seeks to equalise the distribution of income.
• B) Consumers seek the best value for money in their purchases.
• C) Workers seek to maximise wages.
• D) Firms seek to maximise profit.

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Definitions:

Managers and Employees

The relationship and roles within an organizational hierarchy where managers oversee operational or departmental tasks and employees carry out those tasks according to guidelines.

Occupational Safety and Health Administration (OSHA)

A federal agency responsible for enforcing safety and health legislation to prevent workplace injuries, illnesses, and deaths.

Workplace Safety

Workplace safety refers to practices and policies in place to ensure the health and wellbeing of employees in their work environment.