One Problem with Free-Market Economies Is

question 34

Multiple Choice

One problem with free-market economies is

• A) they are not very productive
• B) there are not enough industrial products to fill growing markets
• C) they only reward countries with great natural resources
• D) they tend to produce great inequalities

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Definitions:

Limited Economic Resource

A scarcity or limitation of resources that possess utility or value, which restricts their availability for use in production, consumption, or investment.

Mutually Exclusive

Situations or events that cannot occur at the same time, often used in decision-making scenarios where the choice of one option precludes the selection of another.

Independent

Characterized by freedom from outside control or influence; self-governing.

Marginally Profitable

Referring to a business or product that generates minimal profits, just above the break-even point but not significant in scale.