Read each question and choose the best answer.

Question

Key advantages of free market economic systems include
A. rising prices, specialization, negative incentives, and multiple markets.
B. online markets, producer sovereignty, self-interested consumers, and low prices.
C. economic efficiency, economic freedom, economic growth, and variety of goods.
D. positive incentives, negative incentives, specialized consumers, and efficient labor.

Answer 1

The best answer is:

C. economic efficiency, economic freedom, economic growth, and variety of goods.

This option highlights the key advantages typically associated with free market economic systems.