Which of the following is a benefit of a market-based economy?

A. Business owners decide what products to make and sell.

B. Business owners pay higher taxes than in a command economy.

C. The government decides what products businesses will make and sell.

D. The government pays taxes for businesses.

Question

Demetrius Navarro

History

15 October, 00:00

Which of the following is a benefit of a market-based economy?

A. Business owners decide what products to make and sell.

B. Business owners pay higher taxes than in a command economy.

C. The government decides what products businesses will make and sell.

D. The government pays taxes for businesses.

+1

Answers (1)

Know the Answer?

Emeline · Answer 1

A.

Explanation:

Capitalists are more encouraged because of less government intervention and are able to produce what gives them the most profit and pay the high profits back in taxes to the government.

Which of the following is a benefit of a market-based economy?A. Business owners decide what products to make and sell.B. Business owners pay higher taxes than in a command economy.C. The government decides what products businesses will make and sell.D. The government pays taxes for businesses.