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.
Hihi!
The answer would be that p<span>hotosynthesis in plants converts solar energy into chemical energy using electrons and protons from water! The process of photosynthesis in plants involves a series of steps that use solar energy, water, and carbon dioxide to make organic compounds and oxygen!
I hope I helped!
-Loliarual</span>
The southeastern part of Louisiana formed with loose sediment traveling down from the Mississippi River cresting swamps, deltas, and marsh lands.
Popular vote is the vote of the citizens. It is basically the direct vote that the candidate receives from the masses. In the U.S however, the Electoral College (made up of 538 electors) is what is used to elect Presidents. So it is possible to win the popular vote, and still lose the presidential election (If the person does not win at the Electoral College).
However, when the masses cast popular vote, the vote goes to the electoral college, and most times, the members of the electoral college reflect the popular vote in their state.
Lyrical writing is a way in which the writer expresses his emotions through the imaginative way by properly selecting words of expressions. Psalm 23 was written by David and this is, currently, accompanied by music. Thus, the answer to this question is letter D.
