Question

What is the main advantage of a market economy?

Income gaps between the rich and poor are minimized.

The government owns and manages the production of goods and services.

The government can force quick economic change by amending the constitution.

Personal freedom allows people to innovate and allocate resources.

Answer 1

Answer: D

Explanation:

Personal freedom allows people to innovate and allocate resources.

Answer 2

Answer: Personal Freedom Allows People to Innovate and Allocate Resources

Step-by-step explanation:

In a free market economy, businesses and producers have the ability to have full control over entruy and exit, as well as production