Which of the following is a disadvantage of a market economy? a. consumer satisfaction is lowb. it limits freedom for producers and consumersc. it does not provide for everyoned. it limits private property rights

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27 November, 04:30

Which of the following is a disadvantage of a market economy? a. consumer satisfaction is lowb. it limits freedom for producers and consumersc. it does not provide for everyoned. it limits private property rights

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Mylie Ewing · Answer 1

Answer: The correct answer is c) It does not provide for everyoned.

Explanation:

In a market economy, the problem is that we are not born with the same opportunities, nor the possibility of accessing the same factors of production, nor are we equally qualified in all fields. That is, those who are born in a family with less economic resources, or simply are not enabled in activities that have more benefits, are at a disadvantage compared to the rest of the individuals. These inequalities end up generating inequalities in income distribution.