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tester [92]
3 years ago
7

What are the main benefits of a market economy?​

History
1 answer:
Scilla [17]3 years ago
7 0

Answer:

A market economy is an economy where most resources are owned and controlled by individuals and are allocated through voluntary market transactions governed by the interaction of supply and demand.

Explanation:

A market economy has several advantages:

Competition leads to efficiency because businesses that have fewer costs are more competitive and make more money.

Innovation is encouraged because it provides a competitive edge and increases the chance for wealth.

A large variety of goods and services are available as businesses try to differentiate themselves in the market.

Economic activity is encouraged because you need money to live and need to engage in economic activity (through employment or self-employment) to make money.

Freedom of individual choice is possible to the extent that the market provides options for work, developing a business, and purchasing goods and services (so long as you can afford them).

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1-In what way did religious dogma impede scientific research in regard to barometers and pose a threat to scientists and conclus
tester [92]

Religious dogma impeded scientific research in relation to barometers and posed a threat to scientists and to the conclusions they might reach in the sense that the experiment needed to be kept hidden to avoid accusations of witchcraft or imprisonment.

<h3>Brief history of the barometer </h3>

Torricelli invented the barometer in 1643 as an instrument capable of measuring atmospheric pressure. The mercury barometer is made up of a glass tube with one end closed that allows you to calculate the air pressure.

This experiment was impacted by religious dogmas as it was considered a heresy, since science and religion were conflicting at the time and Torricelli could be accused of inventing an instrument that confirmed the vacuum, which the church claimed did not exist, for God was in the whole part.

Therefore, there is historical evidence that the conflict between science and religion existed at other times, such as in the 14th and 15th centuries where the Catholic Church held the social, economic and political power of society through its dogmas.

Science was for the church then a way to give people more knowledge and lose their dominance, for fear of retaliation, science was carried out in a secret way at the time.

Find out more information about religious dogma here:

brainly.com/question/6453442

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