Which of the Following Statements About a Market-Directed Economic System

question 192

Multiple Choice

Which of the following statements about a market-directed economic system is True?

• A) Consumers enjoy substantial freedom of choice.
• B) Profit, growth and survival are guaranteed.
• C) Government has no role.
• D) There is very little interaction between producers and consumers.
• E) All of the above.

---

Definitions:

Organic Word-Of-Mouth

Natural and unpaid spread of information and recommendations about a product or service among consumers.

Social Commerce Fraud

Fraudulent activities that occur within the buying and selling of goods or services through social media platforms.

Non-Genuine Sellers

Sellers or vendors who engage in selling counterfeit, fake, or imitation products intentionally misleading consumers.

Online Reviews

Written evaluations or ratings posted by consumers on digital platforms about their experiences with products or services.