Which of the following drives the free market economy?

(1 point)
Responses

the needs and wants of the people
the needs and wants of the people

the supply of goods in the market
the supply of goods in the market

the number of consumers in the market
the number of consumers in the market

the gross domestic product

1 answer

The correct response that drives the free market economy is:

the needs and wants of the people

In a free market economy, consumer preferences and demand dictate what goods and services are produced, thus driving the market.

Similar Questions
  1. Which of the following drives the free market economy?(1 point) • the needs and wants of the people • the supply of goods in
    1. answers icon 1 answer
  2. Which of the following drives the free market economy?A. the needs and wants of the people B. the supply of goods in the market
    1. answers icon 0 answers
  3. Which of the following drives the free market economy?A. The needs and wants of the people B. The supply of goods in the market
    1. answers icon 1 answer
  4. Which of the following drives the free market economy?○A. the needs and wants if people ○B. the supply of goods in the
    1. answers icon 9 answers
more similar questions