Question

How is the production of goods organized in a market economy?

A. The government selects which factories will produce the goods.

B. Private businesses and individuals decide how goods will be produced.

C. It is done the same way it has been done in the past.

D. The goods to be produced are chosen at random.

Answer 1

B. Private businesses and individuals decide how goods will be produced

Answer 2

B. Private businesses and individuals decide how goods will be produc