What role does private ownership play in a market economy?
Answer:
B. It motivates people and businesses to buy property
Explanation:
A market economy a form of economic system that a situation in which economic decisions that deals with the pricing of goods and services are guided by price factors created by the forces of supply and demand.
In other words, market economy is a type of economic system where the forces of supply and demand dictate the economy, instead of government intervention.
Hence, in a market economy, the role of private ownership is that, it motivates people and business to buy properties.
Due to limitation of government intervnetion in the economy, while the goods and services produced in the economy are owned privately, this in turn makes private ownership, together with the freedom to negotiate legally binding contracts, mktivates and permits people and businesses to get and use resources as they choose.
Also, due to the freedom of buying and selling of what individual may needs or wants, this system of economy motivates, various segement of the economy such as Consumers to freely buy the goods and services that best fill their interests, or Workers are to freely seek any jobs for which they are qualified and willing to work for.
With low credit, it's harder to obtain a healthy life style. Financially, for example, you wouldn't be able to receive loans from banks due to your credit being so low from previous transactions in the past, which eventually can put you at risk of getting any more loans.
The "Graying of America" Or "The Graying Of United States" Refers to The population is increasingly consisting of elderly citizens
□Answer:
A.It became known that chocolate has
chemicals in it that make people feel
good. Cocoa powder allowed people to
create new types of chocolate treats.
□Explanation:
Most people enjoy different types of chocolates which caused the # of people to increase.
Answer:
I have the same question someone pls answer!
Explanation:
