Question

The greater the profit motive in an economic system , the greater the likelihood of a.Innovation b.Equity c.Security d.Government controlling the factors of production

Answer 1

Answer:

d. Government controlling the factors of production.

Explanation:

Businesses exist to make profit. There is requirement to provide value for money to the customers in order for a business to achieve success. When a business fails to provide good customer service and exists only to make profits they might fail. In such situation government intervenes to stop the monopoly and save the consumers from the mercy of business.