Which of the Following Statements Most Accurately Identifies a Limitation

question 266

Multiple Choice

Which of the following statements most accurately identifies a limitation of the free-market economic system?

• A) Free-market economies offer little opportunity for the poor to work their way out of poverty.
• B) Free-market economies have been unable to create wealth as rapidly as other types of economic systems.
• C) Free-market economies are generally plagued by shortages of needed consumer goods.
• D) Free-market economies tend to result in unequal distribution of wealth.

---

Definitions:

Negligence

The failure to exercise the standard of care that a reasonably prudent person would have exercised in a similar situation, leading to harm or damage.

B.C. Supreme Court

The superior trial court for the province of British Columbia in Canada, handling civil and criminal cases and appeals.

County Court

A local court in certain jurisdictions that deals with civil matters such as family law, small claims, and sometimes minor criminal offenses.

Alternative Dispute Resolution

Processes such as mediation or arbitration used to resolve disputes outside of traditional court proceedings.