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4 votes
What economic system would promote people buying more products and
technology?

asked
User Sotiris
by
7.7k points

1 Answer

2 votes

Market economic system would promote people to buy more products and technology.

Step-by-step explanation:

An economy in which demand and supply drives economic decision, like the investments, production and distribution of goods or services, and pricing is a market economy. A market is a central space of exchange through which people are able to buy or trade goods and services. A market economy develops free competition among the participants. The significant merits of the market economy are improved production, efficiency, and innovation.

answered
User AboulEinein
by
7.8k points

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