Question

In a market economy, individuals can own private property, but they may not use that property to grow crops, build manufacturing plants, or rent out offices to provide needed services.

A. true
B. false

Answer 1

In a market economy, individuals can own private property and use it for various purposes, including growing crops, building manufacturing plants, and renting out offices to provide services. Therefore, the given statement is false.

Step-by-step explanation:

A market economy is characterized by private ownership of resources and decentralized decision-making. In a market economy, individuals can own private property and use it for various purposes, including growing crops, building manufacturing plants, and renting out offices to provide services.

Therefore, the statement 'individuals can own private property, but they may not use that property to grow crops, build manufacturing plants, or rent out offices to provide needed services' is false.