Question

Which of the following is a characteristic of a market economy?

(1 point)
Responses

weak property rights

weak property rights

limited role of government

limited role of government

no consumer choice

no consumer choice

lack of competition

Answer 1

The characteristic of a market economy from the options provided is:

**limited role of government**

In a market economy, the government typically plays a limited role, allowing supply and demand to dictate prices and production.