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

1 answer

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.

Similar Questions
  1. Which of the following is a characteristic of a marketeconomy? (1 point) weak property rights limited role of government no
    1. answers icon 1 answer
  2. Which of the following is a characteristic of a market economy?A Weak property, right B Limited role of government C No consumer
    1. answers icon 1 answer
  3. Which of the following is a characteristic of a market economy?weak property rights Olimited role of government no consumer
    1. answers icon 1 answer
  4. which of the following is a characteristic of a market economy?a. weak property rights b. limited role of government c. no
    1. answers icon 1 answer
more similar questions